Japan’s Mitsui OSK Lines Ltd (MOL) and a subsidiary of Uniper SE have signed a contract to build and charter the world’s largest capacity floating storage and regasification unit (FSRU) for the planned LNG import terminal in Wilhelmshaven, Germany
Uniper subsidiary LNG Terminal Wilhelmshaven is the project developer and operator behind the new LNG import terminal.
The 263,000-m3 FSRU will be built by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering and chartered by LNG Terminal Wilhelmshaven for 20 years.
The FSRU will be the heart of the future terminal and will make it possible to offload, store and regasify LNG for the German market. It will be moored off the coast of Wilhelmshaven in the North Sea. The regasified gas will then be transported via pipeline from the FSRU to the German gas transmission network.
Uniper board member and chief operating officer David Bryson said “The LNG terminal in Wilhelmshaven is a long-term project based on the prediction that demand for imported natural gas on the German and European energy markets will increase significantly over the coming years.”
MOL executive officer Hiroyuki Nakano said “We are excited to move one step further to materialise Germany’s first liquefied natural gas receiving project. Our floating storage and regasification unit of some 263,000 m3 storage capacity is of a unique tailored design to meet all customer requirements to provide economical regasification service and comply with German environmental regulations.
Wilhelmshaven is Germany’s only deepsea port and has the optimal infrastructure for offloading LNG tankers of all sizes.
It is expected that a competitive tender process will be carried out mid-year to check the binding interest expressed by potential customers. Once the approval process for the project is completed, the FID will be made subject to economic viability.
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