Wison contracts for ‘first’ barge-based LNG FRU

Wison Offshore & Marine

Wison Offshore & Marine has an agreement with Vessel Gasification Solutions (VGS) for the supply of the industry’s
first barge‐based floating regasification unit (FRU) for liquefied natural gas (LNG) to be installed offshore India.

The FRU, which will be owned by VGS, will consist of a newbuild, non‐propelled barge equipped to
perform the regasification and send out up to 1,000 MMscf/d of gas. The facility will be
moored on a jetty structure located 8 km offshore Andhra Pradesh on India’s eastern
coast, to the northeast of the Kakinada Anchorage Port, alongside a permanent floating storage
unit (FSU) that will be used as the LNG offloading point for trading tankers.

The FRU will be sized to allow for the future expansion of its regasification capability by an additional
750 MMscf/d of gas within the next few years in order to meet the rapidly growing natural gas
requirements in the region.

Under the agreement, Wison Offshore & Marine affiliates will be responsible for the turnkey engineering,
procurement, construction, installation, and commissioning (EPCIC) of the unit, and will lead the project
from its Shanghai operational center, with construction to be performed at Wison’s wholly owned
fabrication facility located in Nantong, China.

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