GAS Entec delivers first small FRU to Pelindo
Friday, March 25 2016 - 05:03 AM WIB
GAS Entec, a specialized LNG engineering company in Korea, said it has delivered on March 22 a 50 mmscfd Floating Regasification Unit (FRU) to its owner, Indonesia?s state-owned Pelindo Energi Logistik (PEL).
The company said in a statement in a statement Thursday that PEL awarded the contract at the start of last year, and it took about 10 months to construct the FRU.
GAS Entec said it ordered construction of the FRU to Kangnam Corporation (KNC). KNC has earned very valuable achievements from constructing the LNG FRU as a Korea?s first small/medium scale shipyard and from successful completion of the gas trial.
?Especially in the gas trial for the FRU, the full functional test has been successfully completed by feeding LNG from 400 cbm capacity LNG buffer tank mounted on the barge type FRU through the pump and to the vaporizer for re-gasification function producing natural gas as fuel for the power plant,? Gas Entec said.
This renowned FRU project which has been a famous topic among domestic and foreign LNG industries since the inception of the contract awarding is the 46meter Floating Re-Gasification Unit as the first small FRU ever built by small/medium sized shipyard. This FRU will be installed in Benoa Port, Bali Island, Indonesia at the end of March, 2016, and it is expected to provide approximately 1,000 TPD (tons per day) of gasified natural gas to the local power plant after successful Final Performance Test.
Typically FRU has short construction period and it has much lower construction cost compared to FSRU. Due to these FRU?s advantages over FSRU, LNG ship-owners who were reluctant to place new orders for LNG FSRU have shown great interest in FRU. Also from the perspective of small/mid size shipyard such as KNC, this FRU is expected to become a commercially attractive niche market. One official from KNC mentioned, ?We are currently over whelmed by many incoming inquiries from all around the world and this small/mid scale FRU is greatly expected to rise as a new business model for future market demand.?
Editing by Reiner Simanjuntak