Hyundai Heavy Industries develops new LNG regas system

The 170,000-cbm LNG FSRU Independence that Hyundai Heavy built for Hoegh LNG in 2014 (for illustration only)

South Korean shipbuilding giant Hyundai Heavy Industries said it has developed a new liquefied natural gas (LNG) regasification system.

The shipbuilder on Friday held a demonstration ceremony for the installation of the regasification system using glycol at a 170,000-cbm floating storage and regasification unit (FSRU) at its Ulsan shipyard.

“Since the glycol regasification process is free from saltiness unlike a system that uses seawater, it can minimize corrosion in major equipment including heat exchangers, and it can also lower the risk of explosion that a system using propane may be exposed to,” Hyundai Heavy said in its statement.

The statement notes that an LNG regasification system is a key part of an LNG FSRU that receives the chilled fuel from offloading LNG carriers and provides natural gas send-out through pipelines to shore.

Hyundai Heavy has secured an approval in principle (AIP) for its regasification system from Lloyd’s Register last month and has applied for a patent at home and abroad.

The shipbuilder said it was also in the process of receiving the recognition for the system from other major classification societies as well.

Hyundai Heavy had delivered the world’s first newbuilding LNG FSRU to Norway’s Hoegh LNG back in 2014. It also claims that it is the only Korean shipbuilder that can both build membrane and moss-type LNG carriers.

 

LNG World News Staff

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