Shanghai-based Wison Offshore & Marine has received Approval in Principle (AIP) from Bureau Veritas for its newly-developed large-scale Floating LNG Storage and Regasification Terminal.
Featuring scalable storage capacity up to equivalent size of a Q-Max, this is the first large-scale FSRU barge design that has been granted AIP by a classification society, according to Wison.
The company added that the full-size floating LNG terminal solution offers an economical alternative to the conventional LNG regasification vessels (LNG RV) especially for markets with long-term demand.
Furthermore, the barge design lowers initial capital investments, up to 20 percent compared with LNG RV of equivalent size, as well as O&M costs, while enabling uninterrupted service throughout project lifecycle.
“Wison large-scale FSRU is a fit-for-purpose facility designed with practical operation considerations. It features scalable storage capacity from 150,000 m³ to 265,000 m³ and a base case design of 750 mmscfd regasification capacity expandable to fit project needs ,” David W. Chen, Senior Solution Manager at Wison Offshore & Marine, said.
“Designed for near-shore/at shore application, the FSRU can also be deployed offshore with a single point mooring system,” Chen added.