floating storage regasification unit (FSRU)

The country has scrapped plans to build additional FSRUs, and decided instead on land-based LNG as the mainstay of its energy mix

With interest in FSRUs and FSUs picking up, the conversion of LNG carriers offers a fast route to operational availability.

Global trade for LNG is projected to rise by 50% by 2020. There is a clear acceleration in demand for small- and medium-scale LNG, necessitating splitting of LNG into smaller load parcels. Transfer methods applicable to deeper water, smaller LNG carriers, and harsh environments are critical.