Regional: Hyundai Heavy develops its own FLNG

South Korea?s Hyundai Heavy Industries, the world?s biggest shipbuilder and offshore facilities contractor, in association with Germany-based gases and engineering firm Linde AG has completed developing Hyundai FLNG (floating liquefied natural gas plant).

 

In a media statement, the company said Hyundai FLNG has an annual production capacity of 2.5 million tons of LNG and can store about 193,800 m3 LNG with its compact size of 355 m in length, 70 m width and 35 m in height.

 

The FLNG is a special floating vessel that can produce natural gas, liquefy it, and offload it directly to an LNG carrier. It consists of hull and topside facilities.

 

?Hyundai FLNG has an efficient and economical production capability in that it just takes about 45 months to build,? said Kim Yoon-choon, senior vice president of Hyundai Heavy?s Offshore and Engineering Division who is the charge of the FLNG development project.

 

?Considering the fact that the need for the development of stranded offshore gas fields is expected to be on the rise down the road, we will continue to step up our effort to win orders to build Hyundai FLNG.?

 

Editing by Dadan Wijaksana