Golar FSRU Wins LNG Croatia Project

Laxman Pai
Monday, November 12, 2018

State-owned LNG Croatia has selected Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners,  to deliver a floating storage and regasification unit (FSRU) for the nation's first liquefied natural gas import facility.

Golar Power was picked from three bidders, including Mitsui O.S.K. Lines and Maran Gas Maritime Inc, LNG Croatia, the company behind the project, LNG Croatia said in a statement.

"After reviewing and evaluating the bids, the committee for opening, review, evaluation of the bids and the selection of the most advantageous bidder determined that the bid from Golar Power Limited was fully in line with the requirements of the tender documentation and according to the criterion of choosing the most economically advantageous bid, the bid was ranked with highest score," it said.

LNG Croatia LLC has opted for Golar Power's offer, which includes a new conversion of the existing 2005-built LNG carrier Golar Viking to an FSRU which value is EUR 159.6 million.

Depending on the outcome of the Open Season procedure (obligatory capacity booking), which will close on December 20, 2018 and adoption of a positive investment decision, delivery window for the FSRU will be in the period from September 30, 2020 to October 30, 2020, in order for the LNG terminal to be fully operational by January 1, 2021.

The selected FSRU vessel has LNG storage capacity of 140,000 m3, with a nominal LNG regasification capacity of 300,000 m3 of natural gas per hour, giving a yearly capacity of 2.6 billion m3 of gas, which is in accordance with the technical capacity of the gas transmission system of the Republic of Croatia.

Offered technical solution for LNG regasification will work in the open loop system in such a way that during the intake and discharge of sea water the FSRU will not use electro-chlorination for the purpose of preventing marine growth in the system, since it will work on the principle of mechanical cleaning of the entire system as part of regular annual maintenance of the FSRU.

Categories: LNG Government Update Contract FSRU

Related Stories

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Fugro Expands Geotechnical Testing Capabilities in Indonesia

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Current News

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com