Golar LNG completes conversion of Golar Freeze LNG carrier into an FSRU, delivers to Dubai Supply Authority

Source: Golar LNG

Golar LNG has delivered the Golar Freeze Floating Storage and Regasification Unit (FSRU) under its time charter to Dubai Supply Authority.

The Golar Freeze FSRU is based on the conversion of an existing LNG carrier into a floating terminal that can be situated offshore or at a new or purpose-built jetty/pier. The FSRU will receive liquid natural gas (LNG) from offloading LNG carriers, and the onboard regasification system provides gas send-out through flexible risers and pipeline to shore.

The Golar Freeze is chartered by the Dubai Supply authority for a firm 10 years, plus options. The vessel will be located in Jebel Ali, UAE and will have the regasification capacity of up to 5.1 billion cubic meters a year.

Golar LNG Management CEO Graham Robjohns said in a comment; "We are also delighted to have successfully delivered the world's third FSRU conversion from an existing LNG carrier, the first two, of course, also having been delivered by Golar.”

Golar Energy Management CEO Oscar Spieler said; "The delivery of this project to the satisfaction of DUSUP and Shell together with Golar's previous two FSRU projects successfully delivered and operating with Petrobras is a clear demonstration of our ability to deliver projects which meet our customer's expectations. We believe that this provides us with an excellent platform from which to further grow this part of our business.”

Abdulla Abdul Karim, General Manager of DUSUP commented that "The successful conversion of the Golar Freeze into an FSRU is an important milestone for DUSUP in our drive to ensure we continue to deliver clean natural gas to meet the growing energy needs of Dubai. We look forward to working closely together with Golar in this important project for Dubai as we move into the operations phase.”

The final part of the project prior to the commencement of operations is the commissioning and testing of the vessel and this is expected to take place later this year.

Golar is currently engaged with a syndicate of banks documenting a refinancing facility for the Golar Freeze which is expected to be concluded during the first half of June.

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