LNG

Gaztransport and Technigaz (GTT), the French technology firm and designer of liquefied natural gas storage tanks, is increasing its China business as it secured another contract for an onshore storage system in northeast Hebei province.

March 3 (LNGJ) - Bureau Veritas, the French classification society, has granted approval for the design of a “cryo-powered regas” system for  an LNG floating storage and regasification unit. The system recovers cold energy during regasification and uses it for power generation. The approval was issued to both Japanese shipping company Mitsui Osk Lines (MOL) and Daewoo Shipbuilding and Marine Engineering.  

   The system is based on the Organic Rankine Cycle, a proven technology used in multiple onshore LNG terminals for decades. However, Bureau Veritas pointed out that this would be the first time the system has been developed for use in a floating terminal. MOL and DSME plan to test the technology in a small-scale pilot facility early in 2021 and be able to provide the technology to customers in future FSRU projects.

GRTgaz, the French natural gas network operator and whose subsidiary manages three LNG import terminals, said no supply problems were foreseen this winter season and added that send-outs of LNG into the system had doubled over the past year.

Elengy, the main French LNG terminal operator, said it was preparing the launch in February of a sale of 10-year access capacities for the Fos Tonkin import facility near the Mediterranean port of Marseille.