On December 27, Daewoo Shipbuilding & Marine Engineering signed a new contract with MOL, a Japanese shipper, to build a liquefied natural gas floating storage and re-gasification unit (LNG-FSRU). The total capacity of the unit is 263,000m3.
Although the contract amount has not been disclosed, the vessel is capable of processing 10 million m3 of natural gas on a daily basis and has the world’s largest storage capacity. It uses seawater and its own water circulation system at the same time so that gas can be supplied under any weather conditions.
The vessel will be built at the Okpo Shipyard located in Geoje Island and delivered to the shipper by mid-2016. Then, it will be put into operation at the re-gasification terminal of Gas Sayago for supplying power in Uruguay.