Wärtsilä wins two more regasification module contracts for LNG vessels
(Thomson Reuters ONE) -
Wärtsilä Corporation, Press release, 31 August 2015 at 11.00 am EET
South Korean shipyard Hyundai Heavy Industries (HHI) has placed two important
contracts with Wärtsilä for seawater/propane based regasification modules. The
systems are to be installed on FSRU (Floating Storage and Regasification Unit)
vessels owned by Höegh LNG, the Norway based leading owner and operator of
floating energy solutions, and by Russian energy company Gazprom. The contracts
were signed in July. There is also an option for a further contract from HHI for
another Höegh vessel that is valid until December of this year.
Both regasification systems are modularised for easy installation. They will
also be supplied with seawater filter and steam/seawater heating modules. The
system to be supplied for Gazprom will be winterised so as to be capable of
operating in ambient temperatures as low as minus 30°C. The use of Printed
Circuit Heat Exchangers and Plate Heat Exchangers enables the systems to be far
more compact and lighter than alternative solutions. By utilising seawater for
heating, CO2 emissions are far less than solutions using steam heating.
"Wärtsilä has a major share of the large energy demand market, which is a direct
result of the reliability and efficiency of our systems. The global demand for
LNG is rapidly increasing, and Wärtsilä's experience and expertise throughout
the entire LNG value chain is a key factor in the marine sector's adoption of
gas based technologies," says Timo Koponen, Vice President, Flow and Gas
Solutions, Wärtsilä Marine Solutions.
Wärtsilä's portfolio of LNG regasification technologies represents an industry
benchmark in terms of energy efficiency, robustness, and operational
flexibility.
Wärtsilä has delivered and commissioned numerous floating LNG regasification
plants based on either closed loop regasification technology, using steam with
water/glycol as the intermediate heating medium, or open loop regasification
technology using seawater with propane as the intermediate heating medium.
The company has also delivered modularised regasification plants for jetty
installations. These facilitate a much shorter construction time compared to
conventional land based LNG regasification terminal projects.
Regasification
Regasification is a process of converting liquefied natural gas (LNG) at -162 °C
(-260 °F) temperature back to natural gas at atmospheric temperature. LNG
regasification plants can also be located on land as well as on floating barges.
Floating barge mounted plants have the advantage that they can be towed to new
offshore locations for better usage in response to changes in the business
environment.
Read more about Wärtsilä LNG regasification technologies here:
Wärtsilä LNG Regasification on wartsila.com
Link to image
Caption: The Wärtsilä regasification module seen here with storage tank and
filter/heater module
Media contacts:
Mr Per-Helge Madsen
Business Development Manager, BU Midstream
Wärtsilä Gas Solutions
Tel: +47 91 866 356
per-helge.madsen(at)wartsila.com
Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Marine Solutions
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund(at)wartsila.com
Wärtsilä in brief:
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of the
vessels and power plants of its customers.
In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately
17,700 employees. The company has operations in more than 200 locations in
nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX
Helsinki, Finland.
www.wartsila.com
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wärtsilä Oyj Abp via GlobeNewswire
[HUG#1948543]
Unternehmensinformation / Kurzprofil:
Datum: 31.08.2015 - 10:00 Uhr
Sprache: Deutsch
News-ID 416787
Anzahl Zeichen: 4800
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Wärtsilä wins two more regasification module contracts for LNG vessels"
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