DSME has won the right to build four LNG carriers for Korea Gas after receiving high scores in the bidding competition.
Kogas reported the final bid result for the LNG carriers on the 17th of October. This bidding was essential in deciding the construction and management company of these LNG carriers which will transport shale gas from the Sabine Pass terminal in the U.S. to Korea.
Kogas plans to build a total of six new LNG carriers.
As it was previously reported, DSME entered the bidding process together with Hyundai LNG and KLC. Two of the four initial LNG carriers will be managed by Hyundai LNG while the other two will be managed by KLC.
DSME said it has received a high score because of the HiVAR-FGSS and PRS system which is a fuel supply system developed by the Korean shipbuilder. It supplies high pressure natural gas to the engine from the fuel tank.
The partial re-liquefaction system (PRS) has reduced the cost of vessel maintenance by utilizing vaporized LNG gas in the cargo hold as a refrigerant, thereby making the need for additional power sources and refrigerant compressors unnecessary, according to DSME.
Remaining two LNG carriers will be built by Samsung Heavy Industries with the KC-1 type membrane cargo containment system type developed by Kogas in cooperation with South Korea’s three biggest shipbuilders. These two carriers will be operated by SK Shipping.
These LNG carriers will be serviced to transport an annual 2.8 million tons of shale gas from the U.S. to Korea beginning in 2017.
LNG World News Staff; Image: DSME