Wison says building China’s first floating LNG power project

Wison Offshore and Marine has recently started building what it says is China’s first floating LNG-to-power project.

The firm says the works started on January 26 at its Nantong yard in southeastern Jiangsu province.

According to Wison, the floating LNG-to-power project will consist of a floating LNG regasification unit (FSRU) and a 240MW combined cycle power barge.

In addition, the FSRU will regasify LNG and transfer it to the power barge as fuel for power generation for onward distribution to the grid.

Shanghai Electric will supply the 240MW turbines for the floating LNG-to-power project as part of a deal signed with Wison last year.

Wison did not reveal any additional information on where it would deploy these facilities.

The firm received approval in principle in 2018 from classification society Lloyds Register for a 300MW floating storage regasification and power generation barge (FSRP).

Moreover, Wison said the FSRP could produce power starting as low as 7 cents per kWh.

With a total storage capacity of 170,000 cbm in GTT membrane cargo tanks, the facility also features a CCGT power plant, available with an output of 150 – 450MW.

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