Multiple contracts announced this week provide a progress report of sorts on the first floating storage regasification unit (FSRU) being built explicitly for use in Indian territorial waters.
News of supplier and classification contracts for Swan LNG’s Jafrabad FSRU project coincided with the arrival of another FSRU in India – GDF Suez Cape Ann – which will shortly commence operations as India’s first floating LNG receiving facility.
Hyundai Heavy Industries (HHI) is currently building the as-yet-unnamed Jafrabad FSRU at its shipyard in South Korea. The 180,000m3 FSRU is set for delivery in December 2019 and expected to begin operating early in 2020 in India’s Gujarat province. The 5 mtpa project’s cost is estimated at more than US$600M.
The Indian gas market is expected to be one of the fastest growing in the world over the next two decades with natural gas projected to make up 20% of India’s total energy consumption by 2030.
Lloyd’s Register to class Jafrabad FSRU
Lloyd’s Register recently signed a contract to class the Jafrabad FSRU, which will be built to LR’s Rules for the Classification of Offshore Units.
TMC to equip Swan Energy FSRU
TMC Compressors of the Seas has signed two contracts to supply five marine compressors to the Swan LNG FSRU.
TMC agreed the contract directly with HHI to provide three service and control air compressors to the South Korean shipyard. The compressors will be delivered in Q3 2018.
In addition, TMC has signed a subcontractor deal with another supplier to provide two feed air compressors to a nitrogen system delivery on the FSRU. That compressor delivery will be made in July 2018.
TMC’s contract values are undisclosed.
Once completed, the FSRU will be moored to a fixed jetty and will regasify imported LNG to enable distribution by pipeline grid and road tanker.
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