Regasification

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  1. Eos advances Chilean offshore LNG regasification project

    Houston-based Eos Investment Group LLC’s Chilean LNG import terminal company GNL Talcahuano SPA successfully submitted its environmental impact study to the regional environmental services department for its floating storage and regasification unit offshore Talcahuano, Chile. Eos and its Chilean partner CRI Investments SPA are developing the FSRU project to serve Chile’s south-central region, which has a natural gas pipeline and distribution network last used to deliver supplies from Argentina in 2004. The companies estimate that close to 2 million tonnes/year of LNG demand lies on or near the gas grid infrastructure. Spanish utility Gas Natural Fenosa recently committed to spending more than $1.1 billion to develop gas markets in south-central Chile and elsewhere in the country. The Chilean government’s Energy Ministry estimates that the four-region demand from the Eos LNG import project could reach 5 million tpy within 8 years of startup. Eos signed an agreement with Stonepeak Infrastructure Partners to provide as much as $150 million of equity capital in return for a stake in the project on financial close. In conjunction with the Stonepeak agreement, Eos is advancing negotiations with Stonepeak investment-target Magnolia LNG to supply 1 million tpy from its Lake Charles, La., plant. Eos says it has finalized an agreement with a large international energy company for additional investment and LNG supplies. Eos named Moffatt & Nichol project engineer. Shanghai-based Wison Offshore & Marine won an exclusive period in which to tender a proposal for the terminal’s FSRU. GNL Talcahuano also received approval from the Chilean Department of the Navy to advance the project’s maritime concession application to civilian authorities for final approval. Eos expects financial close in second-quarter 2017 and operations early 2019.

    Online Articles

    Online Articles

    Wed, 8 Jun 2016

  2. Sinopec starts up Guangxi LNG regasification terminal

    China Petroleum & Chemical Corp. (Sinopec) has commissioned its Guangxi LNG regasification terminal at Beihai City in China’s province of Guangxi.

    Online Articles

    Online Articles

    Thu, 21 Apr 2016

  3. Newbuild floating storage and regasification unit vessels to feature modular re-gasification systems

    Hyundai Heavy Industries has contracted Wärtsilä to supply seawater/propane-based regasification modules.

    Online Articles

    Online Articles

    Tue, 1 Sep 2015

  4. Keel laid for EXMAR floating storage and regasification vessel

    Wison Offshore & Marine has staged a ceremony at its drydock in Nantong, China, to mark keel-laying of the EXMAR floating storage and regasification vessel.

    Online Articles

    Online Articles

    Wed, 21 Oct 2015

  1. Operational start-up at Petrobras' third LNG regasification terminal

    Online Articles

    Online Articles

    Mon, 27 Jan 2014

  2. Wison Offshore announces award for second floating LNG regasification unit

    The regasification unit will be built at Wison Offshore & Marine’s wholly-owned and operated fabrication facility in Nantong, China.

    Online Articles

    Online Articles

    Tue, 11 Feb 2014

  3. Floating storage and regasification unit starts operations offshore Italy

    First LNG offloading via ship-to-ship transfer has been completed from the floating storage and regasification unit (FSRU) Toscana offshore western Italy.

    Online Articles

    Online Articles

    Tue, 10 Sep 2013

  4. Wison announces floating liquefied natural gas regasification agreement

    Wison Offshore & Marine announced the award of a binding agreement for the supply of the industry’s first barge-based floating LNG regasification unit.

    Online Articles

    Online Articles

    Tue, 21 Jan 2014

  5. Wison Offshore & Marine to supply floating LNG regasification unit

    Wison Offshore & Marine reports the award of a binding agreement with Vessel Gasification Solutions (VGS) for the supply of the industry’s first barge‐based floating LNG regasification unit (FRU) to be installed offshore India.

    Online Articles

    Online Articles

    Tue, 21 Jan 2014

  6. Pacific Rubiales orders second FLNG regasification vessel

    Wison Offshore & Marine has won its second contract for a barge-based floating LNG regasification unit from a 50/50 joint venture between Exmar and Pacific Midstream Holding, a fully owned affiliate of Pacific Rubiales Energy Corp.

    Online Articles

    Online Articles

    Tue, 11 Feb 2014

  7. Hyundai Heavy Industries delivers offshore Lithuania LNG floating storage regasification unit

    Hyundai Heavy Industries (HHI) has held a naming ceremony for the world’s first newbuild LNG floating storage regasification unit, which Höegh LNG ordered in June 2011.

    Online Articles

    Online Articles

    Fri, 28 Feb 2014

  8. Petrobras installs Bahia LNG regasification terminal in Brazil

    The construction of the Bahia Regasification Terminal (TRBA), which will have capacity to regasify 14 million cubic meters per day, will ensure the injection of natural gas in the Northeastern Brazilian state that consumes the most of this type of fuel.

    Online Articles

    Online Articles

    Tue, 1 Mar 2011

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