Association Technique Maritime et Aéronautique

Numéro : 2798 - Year : 2024

Conversion of LNG carrier to FSRU

Jean-François CASTEL (Manager), GAZOCEAN – Business Development – (France)

Julien BOULLAND, Bureau Veritas – Commercial department  – Paris La Défense (France)

 

An approximate number of 40 units FSRU (Floating Storage and Regasification Unit) (exact figure to be confirmed?) are currently in operation, and more are in the making. This solution provides a means of access to the gas market to new customers and new countries and carries its specific advantages compared to land-based solutions. Each FSRU project comes with its specific requirements and constraints: location, storage size, regasification output, duration of stay, required availability of the terminal, exposure to environmental conditions, budget and timeline, expected the duration of the time charter/ownership, to name some of them.

These requirements need to be studied well in advance at the early stages of development of the project, for the technical and regulatory aspects in particular: the requirements from the local authorities, the Coastal state, the Flag state, and the Classification society that will all have an impact on the chosen solutions. This is even more acute when the FSRU project is considering the conversion of an existing LNG carrier for the project.

This Paper will discourse on the various technical and regulatory aspects of a Conversion of LNGC to FSRU the project will have to deal with. An overview of the typical features of the conversion will be presented, conversion project requirements will be included with a focus on how to fulfil and dovetail them with the regulatory requirements.

The paper is jointly presented by GAZOCEAN and BUREAU VERITAS, based on work carried out on real projects, bringing in hindsights and expertise from a shipowner / ship operator and regulatory body perspective.

 

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