LNG (LIQUIFIED NATURAL GAS)

Daewoo develops LNG regasification vessel

SOUTH Koreas Daewoo Shipbuilding & Marine Engineering Co (DSMEC) has built the worlds first LNG-r...

Speaking to the news agency DSMEC spokesperson An Wook-hyeon said, “Such a vessel of new technology can have a major impact on the LNG shipbuilding market as only seven LNG-RVs are enough to provide South Korea's annual consumption of LNG, amounting to 20 million tons.”

“We will deliver the LNG-RV named Excelsior with a capacity of 138,000 cubic metres to Exmar NV of Belgium on Friday,” added An who revealed the price of each LNG-RV was around US$200 million, US$30 million more expensive than a standard LNG tanker of the same size.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry