Floating LNG Systems - Export and Import Terminals

The liquid-natural-gas (LNG) market is experiencing unprecedented growth. Under certain conditions, a floating liquefaction terminal, or LNG floating processing, storage, and offloading (FPSO) vessel could make more sense than a distant onshore liquefaction terminal. Similarly, with the difficulty to set up a new onshore regasification plant, floating storage regasification units (FSRUs) make sense.

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This article, written by Technology Editor Dennis Denney, contains highlights of paper OTC 17547, "Floating LNG - A Look at Export and Import Terminals," by G. Gervois, L. Daniel, N. Jestin, and A. Kyriacou, Saipem S.A., prepared for the 2005 Offshore Technology Conference, Houston, 2-5 May. Copyright 2005 Offshore Technology Conference. Reproduced by permission. The paper has not been peer reviewed.