Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages
By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...
Höegh FLNG Ltd. has been awarded a pre-FEED study from a confidential North American client for a jetty-moored 2 mtpa FLNG near-shore barge FLNG solution. The study will be executed in 2nd half of 2013 with a potential for conducting a full FEED in 2014.
In an emailed statement, Höegh LNG’s President and CEO, Sveinung J.S. Støhle commented: “We are pleased to be awarded this Pre-FEED study and are confident that the results will show that our barge based FLNG designs will give our client a safe, technically sound and cost efficient solution for exports of LNG from the North American continent. This award further underscores Höegh FLNG’s ability to compete for development of FLNG projects worldwide.”
A near-shore FLNG concept such as this would tap into the existing U.S. natural gas pipeline infrastructure, liquefy the gas, store in on board, and then transfer it to an LNG carrier for shipment worldwide. Considering the Gulf of Mexico’s propensity for hurricanes, it would seem unlikely that such a concept would be suitable for that region as a barge, but rather for either the east or west coast of the U.S.
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