MAJOR Japanese shipping company Mitsui OSK Lines (MOL) has won the deal to supply services for the Hong Kong Offshore LNG Terminal Project.
In a statement MOL said it has entered
into a preliminary agreement to supply a Floating Storage and
Regasification Unit (FSRU), as well as Jetty Operation & Maintenance
Services for the Hong Kong Offshore LNG Terminal Project on a long term
MOL will use the world's largest FSRU, the 2017-built MOL FSRU
Challenger, which has a storage capacity of 263,000 cubic meters to
provide services to the city's first liquefied natural gas project.
The FSRU was constructed at Daewoo Shipbuilding & Marine Engineering
and is currently employed on a mid-term charter for a project in
The Hong Kong Offshore LNG Terminal Project will be located at the
southern waters of Hong Kong and to the east of the Soko Islands.
The FSRU is expected to enter into service at the Hong Kong Offshore LNG
Terminal around the end of 2020 at the earliest after delivery and
completion of commissioning. The facility will distribute gas into two
destinations in Hong Kong, the Black Point Power Station located at New
Territories and Lamma Power Station located at Lamma Island, reports
UK's Seatrade Maritimes News.
"The Hong Kong Offshore LNG Terminal Project is being developed to
support the Hong Kong Special Administrative Region (HKSAR) government's
target of generating about half of the city's electricity from natural
gas from 2020 onwards to improve air quality and environmental
conditions in Hong Kong.
"Planning for the Hong Kong Offshore LNG Terminal is progressing at a
good pace and the environmental impact assessment study for the project
has been submitted to the government. Discussions are ongoing to develop
and reach a definitive agreement for the supply of the FSRU which will
assist in improving the long-term energy security for Hong Kong as well
as providing access to competitive natural gas supply from world
markets," the MOL statement said.