GTT scores tank gig for MOL’s FSRU

French LNG containment giant GTT has secured an order from South Korea’s HD Hyundai Heavy Industries for one floating storage and regasification unit (FSRU).

GTT said in a statement it has won the tank design order in the second quarter of 2024 and HD Hyundai Heavy will build the unit for Japan’s MOL.

Each of the tanks of the 174,000-cbm FSRU will be fitted with GTT’s Mark III membrane containment system.

Also, the delivery of this FSRU is scheduled for the third quarter of 2027, GTT said.

HD Hyundai Heavy’s parent HD KSOE said on March 6 that the shipbuilder won an order to build one FSRU for an owner in Europe.

The contract has a price tag of 483.9 billion won or about $364 million, and Hyundai Heavy will deliver the FSRU by July 2027.

In April, MOL signed a long-term FSRU charter deal with Poland’s Gaz-System for the planned LNG import terminal in Gdansk, and it also confirmed that HD Hyundai Heavy will build the FSRU.

Gaz-System’s deal with MOL’s unit White Eagle Energy is for 15 years with the possibility of further extension.

Based on the charter agreement, Gaz-System also has the right to purchase the FSRU.

This is Poland’s first FSRU and will add to the onshore Swinoujscie LNG terminal.

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