Indian Register of Shipping (IRClass) has classed India’s first LNG-FSRU (floating storage regasification unit)
The 180,000-m3 vessel was built at Hyundai Shipyard in Ulsan, South Korea. The FSRU is owned by Triumph Offshore, a subsidiary of Swan Energy an India-based listed company, flagged in India and designed for continuous operations without the need for drydocking for 20 years.
IRClass said the unit is assigned class notation for a 20-year extended interval between successive drydockings and complies with the requirements of IRClass Rules and Indian Flag for this purpose.
Joint managing director Vijay Arora said “As we anticipate energy demand to soar in India, it is important to move towards the use of clean energy to meet that need. Undertaking this project demonstrates our commitment towards a greener future, and we at IRClass are delighted to play an essential role in meeting that goal.”
The vessel can operate in either LNG carrier mode or FSRU mode. This allows the utilisation of a FSRU for receiving LNG from LNG carriers, regasification of the LNG and sending it out.
The vessel complies with IRClass’ recently updated rules for LNG carriers provided with regasification systems and takes into account risks associated with such systems by appropriate risk control measures. The vessel has also been verified with respect to the requirements of the IGC Code and IRClass Rules for Gas carriers.
The prospects for natural gas in India are set to rise significantly to meet growing energy demands. Addressing the India Energy Week forum last week, the Indian Prime Minister said the government is looking to scale up domestic gas production.
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