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Floating gas terminals gain popularity
Mar 06: Floating regasification terminals continue to gain popularity as new importers enter the LNG market.
8But there are challenges for floating technologies relative to land based technologies is cost.
8Additionally, there are technical challenges and safety implications of having all the equipment of an onshore LNG processing plant on a vessel that offers roughly one fourth of the space.
8Separation distances are inevitably reduced and this introduces new risks for operations.
8The effects of moving liquids on ships, known as the “sloshing” effect are a well-studied issue for LNG carriers, however when applied to the transfer of LNG from a floating unit to a floating LNG carrier, potentially during rough sea states, the complications grow exponentially.
8Continued innovation and studies in this space are required to avoid danger and loss of availability in the supply chain.
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