Floating Storage Regasification Units of old, involved the converting aging LNG carriers into floating storage and regasification units (FSRUs) was and in some case still is a satisfactory solution for certain projects.
With the growing emphasis on developing long term sustainable energy project new build FSRU’s have since established themselves as a cost-effective alternative building shore terminals and relying on LNG carrier conversions. Pardus Energy’s resource and knowledge base allows us to deliver robust sustainable solutions to meet our customers needs and market demands.
FSRUs play a ever more important role in the Natural Gas & LNG value chain
How an FSRU works:
An FSRU is similar in shape to an LNG carrier, however it is fitted with onboard regasification equipment and advanced automated control systems. It receives liquefied LNG, stores it, heats it and converts it into natural gas for pipelines or onshore processing and power generation. FSRUs have a number of advantages over land-based LNG facilities. They are quicker to build and less expensive. They can be moved from one location to another as the business case demands. They remain largely unseen by the public and are not an unsightly, permanent feature of the landscape.
We at Pardus Energy placed the the first FSRU into operation in Turkey in 2017. Since then we have designed and built our very own new build FSRU as Hyundai Heavy Industries in South Korea.
Pardus Energy now plans to further develop its business interests globally and to build more o FSRU’s and develop new energy projects.