EXMAR is ordering its second floating liquefied natural gas (FLNG) unit from China’s Wison Offshore & Marine.
Wison's yard. From Wison.
Wison will be responsible for the turnkey engineering, procurement, construction, transportation, installation and commissioning (EPCIC) of the FLNG that is scheduled to be complete in 2017.
The FLNG will be a self-contained barge with a liquefaction capacity of 0.6Mtpa and 20,000 cu. m of LNG storage. It will constructed at Wison’s shipyard in Nantong, China. As part of the contract, EXMAR also secured the option to order two more FLNGs.
EXMAR says that this second order will enable to the company to offer a more cost-efficient LNG production facility compared to a land-based solution.
“It is clear that lower oil and gas prices will continue to boost demand for cost-efficient and fast-track FLNG solutions over land-based liquefaction terminals,” says Nicolas Saverys, EXMAR CEO. “We continue to see strong growth in the FLNG market. Thanks to our first-mover advantage we are actively working on seven FLNG projects around the world.”
Wison is also constructing the world’s first operational FLNG facility, the Caribbean FLNG for EXMAR. It is nearing completion and is expected to come online off the Colombian coast for Pacific Rubiales Energy in 2H 2015.
In November, Wison announced that the Caribbean FLNG undocked from its yard. The unit includes a non-propelled barge and is equipped to convert 72MMscf/d of natural gas into LNG (+/- 500,000 tons of LNG per annum) for temporary storage and export.