What is a floating storage and regasification unit (FSRU)?

Our floating storage and regasification units (FSRUs) act, in all aspects, similar to a land-based terminal. In addition to transporting LNG, our purpose-built FSRUs have the onboard capability to vaporize LNG and deliver natural gas through specially designed offshore and near-shore receiving facilities.

What is a floating storage & regasification unit terminal?

Floating storage and regasification units terminals play a key role in the LNG value chain, forming the interface between LNG carriers and the local gas supply infrastructure. They are versatile, convenient and can make natural gas available to the market faster than land-based installations.

Why is the floating storage & regasification unit market growing?

The floating storage and regasification unit market is one of the fastest growing segments in the LNG industry. One of the primary reasons for the increase in FSRUs are the policies adopted by various governments to reduce green-house gas emissions and adopt cleaner fuels with a view to reducing the impact of climate change.

How can FSRUs help reduce the risk of gas market development?

As a result, for those countries with access to the sea, the availability of flexible, floating storage and regasification units will be vital to reduce the early risks of gas market development. Indeed, these FSRUs can even catalyse the movement towards gas-to-power projects that are becoming increasingly popular today.

How much gas can A FSRU store?

Offshore units provide little possibility of expansion, as their capacity is limited by the size of the vessel. A standard FSRU has a maximum regasification capacity of 600-800 million standard cubic feet per day (MSCFD), and a new FSRU can store between 140,000m³ and 180,000m³ of gas.

What is a floating storage unit (FSU)?

jetty or ofshore and connected to the receiving terminal either to supplement existing storage or as permanent storage solutions in the absence of shore tanks. These vessels are called floating storage units (FSU). Here is a diagram that illustrates the key equipment on board the FSRU. b) LNG regasification plant.