Cosco’s yard completes Cyprus FSRU conversion job

Cosco Shipping Heavy Industry in Shanghai has delivered ETYFA’s converted FSRU which will serve the first Cyprus LNG import terminal in Vasilikos.

CHI Shanghai, the unit of Cosco Shipping, handed over the 137,000-cbm FSRU, Etyfa Prometheas, during a ceremony held on Tuesday, it said in an announcement.

The shipbuilder converted the 2002-built LNG carrier Galea.

CHI Shanghai this is the first time that a Moss-type LNG carrier was converted to an FSRU in China.

The FSRU is 296 meters long, 46 meters wide, and it has four regasification units each with a capacity of 105 mmscfd (million standard cubic feet per day).

In October 2023, the converted FSRU completed its gas trials and this was the last test for the vessel before delivery.

Cosco’s yard completes Cyprus FSRU conversion job
Image: CHI Shanghai

LNG terminal launch expected in 2024

Cyprus announced the start of construction of its first LNG import facility at Vassilikos in July 2020.

The Natural Gas Infrastructure Company (ETYFA), a unit of DEFA, previously signed an EPCOM (engineer, procure, construct, operate, and maintain) contract with a consortium for the project.

The consortium comprises of state-owned China Petroleum Pipeline Engineering, a unit of CNPC, Metron Energy Applications, Hudong-Zhonghua, and Wilhelmsen Ship Management.

Cosco’s yard completes Cyprus FSRU conversion job
Image: CHI Shanghai

Besides the converted FSRU, the project includes a jetty, a pipeline, and other onshore and offshore related infrastructure in Vasilikos.

From there, gas will be piped to shoreside infrastructure with links to the country’s energy grid mainly for power generation purposes.

DEFA’s ETYFA previously expected to launch the LNG import project for power generation in summer 2022, but the project has been delayed.

According to DEFA, the company now expects the project to be completed in the second half of this year.

Local media reports also previously suggested that Cyprus may charter the FSRU in the meantime until the LNG import infrastructure is ready.

(Updated on January 16 to say that CHI Shanghai has delivered the converted FSRU.)

- Advertisements -

Most Popular

QatarEnergy, ExxonMobil update on Golden Pass LNG work

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the...

LNG freight rates, European prices climb

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices increased this week compared...

Samsung Heavy to sue Russia’s Zvezda over LNG carrier contract termination

South Korean shipbuilding giant Samsung Heavy Industries said it will sue Russian shipbuilder Zvezda after the latter decided to...

More News Like This

Hudong-Zhonghua delivers Cosco’s LNG carrier

Chinese shipbuilder Hudong-Zhonghua has handed over the 174,000-cbm LNG carrier, Huashan, to compatriot Cosco Shipping Energy Transportation. The LNG carrier...

MOL’s LNG carrier equipped with new GTT containment tech delivered in China

China's Hudong-Zhonghua hosted a naming ceremony on Wednesday for MOL’s 174,000-cbm LNG carrier, Greenergy Ocean, equipped with GTT’s NO96...

QatarEnergy to take delivery of first LNG carrier of its massive shipbuilding program

China’s Hudong-Zhonghua is nearing completion of the first liquefied natural gas (LNG) carrier which is being built as part...

Hudong-Zhonghua: Cosco’s LNG carrier wraps up trials in record time

Cosco Shipping Energy Transportation's liquefied natural gas carrier, Huashan, has completed both its sea and gas trials in four...