Image: Uniper SE
Mitsui O.S.K.Lines Ltd (MOL) and also LNG Terminal Wilhelmshaven (LTW) have actually authorized an arrangement to construct and also charter a 263,000 cu.m LNG Floating Storage and also Regasification Unit (FSRU) for the prepared LNG terminal in Wilhelmshaven, which is Germany’s just deep water port and also can be gotten to with no tidal restraints.
The FSRU will certainly be developed by South Korean’s Daewoo Shipbuilding and also Marine Engineering (DSME) after that hired by LTW (which is a subsidiary of Düsseldorf headquartered Uniper SE) for two decades.
DSME claimed in a declaring recently that it had actually authorized an agreement worth $340 million to construct an FSRU for an unrevealed client.
The FSRU will certainly make it feasible to unload, shop and also regasify LNG for the German market. It will certainly be tied off the shore not much from Wilhelmshaven and also will certainly take care of inbound LNG vessels there. The regasified gas will certainly after that be pumped from the FSRU along a brief attaching pipe under the sea to the port centers and also ultimately fed right into the German gas transmission network. This removes the demand to create intricate regasification centers ashore.
“The LNG terminal in Wilhelmshaven is a long-term project based on the prediction that demand for imported natural gas on the German and European energy markets will increase significantly over the coming years,” claimed Uniper Member of the Board and alsoChief Operating Officer David Bryson “The agreement to build and charter this FSRU is an important milestone for both parties on the journey to establishing an LNG terminal in Wilhelmshaven; it underlines the joint desire for collaboration on this ambitious project. This new agreement will build on the successful and trusting collaboration with MOL on previous major projects in the LNG ship market. Based on Uniper’s many years of experience in the European gas business and project management, LTW is pushing ahead with the terminal project in Wilhelmshaven to give companies from all over the world optimal access to customers in Europe — and, vice versa, to open up a new supply channel for customers.”
“Our mission from this special moment is to execute the project and deliver the unit on time,” claimed MOLExecutive Officer Hiroyuki Nakano “MOL has expanded its global FSRU business over the past few years. We are confident that our operational and technical experience gained will enhance the project in Germany and provide a seamless, safe and efficient service to LTW.”
