Exmar Orders Second Wison FLNG
- Business & Finance
Belgian LNG and LPG carrier owner and operator Exmar NV has ordered the second Floating LNG Liquefaction Unit (FLNG) at Wison Offshore & Marine.
Under the agreement Wison will be responsible for the turnkey engineering, procurement, construction, transportation, installation and commissioning (EPCIC) of the FLNG, which will be a self-contained barge with a liquefaction capacity of 0.6 MTPA (Million Tons Per Annum) and 20,000 m3 of LNG storage.
The FLNG will be constructed at Wison’s shipyard in Nantong, China, where also the construction of the world’s first FLNG for Exmar, the Caribbean FLNG, is nearing completion. Exmar also secured additional firm options for two more FLNG’s. The FLNG is scheduled to be completed in 2017.
Nicolas Saverys, CEO of Exmar, said: “It is clear that lower oil and gas prices will continue to boost demand for cost-efficient and fast-track FLNG solutions over land-based liquefaction terminals. We continue to see strong growth in the FLNG market. Thanks to our first-mover advantage we are actively working on seven FLNG projects around the world. With this second FLNG contract we take another key step towards further strengthening our unique position in the FLNG market.”