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Samsung bags 2nd LNG-FSRU

Author: Posttime:2011-10-10 07:48:58

John Fredriksen-controlled Golar LNG has firmed up its option to convert an LNG-carrier newbuilding into an LNG floating storage and regasification unit (FSRU) at Samsung Heavy Industries in South Korea.

The 170,000-cbm LNG-FSRU is believed to be due for delivery in 2014.

The switch gives Golar two firm LNG-FSRU newbuildings on order at Samsung.

The company announced in August that it had ordered its first FSRU for handover in 2013. At the time, it said it was considering converting one of the eight newbuildings it had already contracted into a floating regasification vessel, while informed sources suggested this was already a done deal.

The Norwegian owner is bidding on a number of upcoming FSRU projects. These include the provision of a second vessel for Pertamina, in what the Indonesian energy outfit has dubbed its central-east Java project, and a tender floated by Chilean power company GasAtacama for a floating regasification unit.

Aside from the two LNG-FSRUs, Golar is now sitting on seven 160,000-cbm LNG newbuildings at Samsung. Four are due for delivery in 2013 with the remaining three to follow in 2014.

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