Hong Kong welcomes its first FSRU as LNG terminal launch nears

The world’s largest FSRU, owned by MOL, has arrived in Hong Kong and will soon start serving Hong Kong’s first LNG import facility, CLP and HK Electric said on Thursday.

As reported by LNG Prime earlier this week, the 263,000-cbm MOL FSRU Challenger left Singapore last week.

The FSRU, which will be renamed Bauhinia Spirit and used to receive, store, and regasify LNG, arrived in Hong Kong on Thursday and is staying at the South Cheung Chau Anchorage, according to an emailed statement by CLP and HK Electric.

Hong Kong LNG Terminal is a joint venture consisting of HK Electric and Castle Peak Power, in which CLP Power Hong Kong holds 70 percent, while China Southern Power Grid International has 30 percent.

“When checks and port clearance procedures are completed, the FSRU vessel will sail to the offshore LNG terminal east of the Soko Islands next week for the final commissioning of the project,” the statement said.

Hong Kong welcomes its first FSRU as LNG terminal launch nears
Image: CLP

Mid-2023

CLP Power and HK Electric said last month that they have issued a tender to buy a commissioning cargo for Hong Kong’s first LNG import terminal.

A spokeswoman for HK Electric confirmed to LNG Prime that the target for the offshore LNG terminal in Hong Kong to go into commercial operation in mid-2023 remains unchanged.

The two firms confirmed this in the new statement as well.

The LNG import terminal project forms part of Hong Kong’s initiative to reduce emissions. The city and special administrative region of China aims to replace about half of its power generation fuel with natural gas.

Besides the giant FSRU, the facility includes a double berth jetty and two subsea pipelines.

Dutch Vopak said this week that it will not buy a 49.99 percent stake in the FSRU from Japan’s MOL, but it will remain involved in the commissioning of the terminal and will continue to provide support to the operation of the terminal as required.

This FSRU has a nominal capacity of 600 million cubic feet per day with a maximum capacity of 800 million cubic feet per day.

Regasified LNG coming from the FSRU will supply two power plants and these include the Black Point power station located in the New Territories and Lamma power station located at Lamma Island.

Shell will supply LNG as part of a long-term deal signed with the two utilities in 2019.

- Advertisements -

Most Popular

Japan’s Jera plans to invest up to $13 billion in LNG

Japan's power firm and LNG player, Jera, plans to invest 1-2 trillion yen ($6.47-$12.96 billion) in its liquefied natural...

CoolCo, GAIL seal charter deal for newbuild LNG carrier

LNG carrier operator CoolCo has entered into a 14-year charter deal with India’s largest gas utility GAIL for one...

TotalEnergies supplies LNG cargo to PetroVietnam Gas

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from a unit of France's...

More News Like This

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...

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...

EPS wraps up its 200th LNG bunkering operation

Singapore’s Eastern Pacific Shipping has completed its 200th ship-to-ship LNG bunkering operation, as the company’s fleet of LNG-fueled vessels...

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...