The world’s largest floating storage and regasification unit (FSRU) vessel, FSRU Challenger, has arrived in Hong Kong. Owned and operated by a joint venture of Mitsui O.S.K. Lines, Ltd. (MOL) and Royal Vopak, the 345 meter lengthy, 263,000 cubic meter capability vessel is to be renamed Bauhinia Spirit and can function at a brand new offshore LNG terminal.
Constructed by CLP Power and HK Electric, the terminal is the primary of its variety in Hong Kong and will likely be operated by the Hong Kong LNG Terminal Limited, a three way partnership between the 2 energy corporations. Construction of a marine jetty and the 2 subsea gasoline pipelines serving the terminal has been accomplished. Commissioning of apparatus is underneath means and the terminal is scheduled for operation in mid-2023.
When checks and port clearance procedures are accomplished, the FSRU vessel will sail to the offshore LNG terminal, situated east of the Soko Islands, in preparation for the ultimate commissioning of the undertaking.
The two energy corporations say that, when it goes into operation, the LNG terminal will additional enhance the steadiness of Hong Kong’s pure gasoline provide by diversifying provide sources, permitting Hong Kong to acquire pure gasoline at aggressive costs from the worldwide market.