DSME, MOL test new FSRU regas system

Japan’s shipping giant MOL and South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering have tested a new cryo-powered regasification system for FSRUs.

MOL said the partners had carried out the demonstration test of the system named “cryo-powered regas” at DSME’s Okpo shipyard.

FSRUs regasify LNG through heat exchange. In the past, FSRUs did not utilize LNG’s cold energy, according to a MOL statement.

“By installing the “cryo-powered regas” system, such cold energy will be transferred to another heating medium, and the generated steam will be sent to a turbine to generate electricity, which results in reducing FSRU’s fuel consumption and CO2 emissions,” the statement said.

Reducing emissions by up to 50%

Furthermore, MOL said the duo built a small-scale version of the system at DSME’s R&D premises. Mitsubishi Heavy Industries Marine Machinery & Equipment designed and constructed the turbine generator for the system.

Through this test, MOL and DSME verified that the system could “successfully generate electricity up to its rated capacity.”

“The result of this demonstration test confirms that through the utilization of the cryo-powered regas system, fuel consumption and CO2 emissions of new generation FSRUs can be reduced by 50% at maximum rated regas flow rate compared to conventional existing FSRUs,” it said.

According to MOL, the system is ready for implementation in actual FSRU projects.

In addition, MOL said it was already in talks with “multiple potential users” regarding the new technology.

- Advertisements -

Most Popular

Golden Pass LNG to speed up pipeline construction

QatarEnergy and ExxonMobil are seeking approval from US energy regulators to increase the peak workforce to speed up the...

US FERC to decide on Venture Global’s CP2 LNG project

The US FERC is set to decide next week on Venture Global LNG's proposed CP2 LNG project in Louisiana. According...

Singapore LNG bunkering volumes hit new record

Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port...

More News Like This

South Korea’s Hanwha to increase stake in NextDecade

South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake...

Hapag-Lloyd takes delivery of LNG-powered giant

Germany’s Hapag-Lloyd has taken delivery of a new ultra-large LNG-fueled containership from South Korea’s Hanwha Ocean. Hanwha Ocean, previously known...

MOL and Jera seal another charter deal for newbuild LNG carrier

Japan’s shipping giant MOL has signed a new long-term deal to charter one newbuild liquefied natural gas carrier to...

Japan’s MOL charters LPG carrier duo to TotalEnergies

Japan’s shipping firm MOL said on Thursday it has signed a charter deal for two 88,000-cbm LPG carriers with...