Samsung Heavy wraps up new regas system test

South Korea’s shipbuilding giant Samsung Heavy Industries said it has completed a pilot test for its new LNG regasification system for FSRUs.

The shipbuilder said it held a demonstration of the new technology on April 13 at its Geoje yard attended by many firms including South Korean LNG importing giant Kogas.

The system produces power utilizing LNG cold energy.

According to Samsung, the technology named S-Regas is the world’s first regasification system for floating storage regasification units (FSRUs) that features LNG cold power generation technologies.

The system can produce 16 MW of electricity on its own, which is more than 90 percent of the power required for LNG regasification, the shipbuilder said.

In addition, the new technology can reduce more than 60,000 tons of CO2 emissions per year, Samsung said.

Most Popular

QatarEnergy CEO says damaged Ras Laffan LNG trains to take three years to repair

State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

More News Like This

South Korea’s Samsung Heavy secures order for LNG carrier quartet

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build four liquefied natural gas (LNG) carriers for approximately $1.05 billion.

Conrad, Samsung Heavy get ABS OK for LNG bunkering barge

Shipbuilders Conrad and Samsung Heavy received approval in principle from classification society ABS for the basic design of a 12,000-cbm LNG bunkering articulated tug-barge (ATB) intended for construction in the United States.

Poland’s Gaz-System names first Gdansk FSRU

Poland’s state-owned LNG terminal operator Gaz-System has named the first floating storage and regasification unit (FSRU) that will serve its LNG import project in Gdansk.

GTT lands new LNG tank contract

France’s GTT has secured a new tank design order from South Korean shipbuilder Samsung Heavy Industries for one 174,000-cbm liquefied natural gas (LNG) carrier.