Chinese yard moving forward with Golar FLNG conversion

China's CIMC Raffles is moving forward with the conversion of Golar LNG's 148,000-cbm Moss-type carrier, Fuji LNG, into an MKII FLNG with a capacity of 3.5 mtpa.

Golar LNG’s chief technical officer, Morten Skjong, said in a social media post on Thursday that two weeks ago, Fuji LNG was “cut into an aft and a forward section, which have since been skidded on to land.”

“This is a key operation to enable the MKII’s innovative design with an added midship between tanks 2 and 3,” he said.

“Another important milestone took place yesterday, with CIMC Raffles hosting a formal ceremony to celebrate the start of the topsides module fabrication,” Skjong said.

Earlier this year, Golar LNG and Skjong announced the arrival of Fuji LNG at Yantai CIMC Raffles.

Fuji LNG is the donor vessel for Golar LNG’s third FLNG conversion.

Chinese yard moving forward with Golar FLNG conversion
Image: Golar LNG

2027

In September 2024, Golar LNG signed an EPC agreement with CIMC Raffles worth $1.6 billion.

Under the deal with CIMC Raffles, Black & Veatch will provide its licensed PRICO technology, perform detailed engineering and process design, specify and procure topside equipment, and provide commissioning support for the FLNG topsides and liquefaction process.

This is similar to Black & Veatch’s role in the construction of Golar’s existing assets, the FLNG Hilli and FLNG Gimi.

The Golar MK II design is an evolution of the MK I design of FLNG Hilli and FLNG Gimi.

The MK II design allows for a modularization of the construction process as well as further efficiency and operability advances based on learnings from previous experience on constructing and operating Golar’s existing FLNG assets.

Golar said the total EPC price is $1.6 billion, but the total budget for the MK II FLNG conversion is $2.2 billion.

This includes vessel conversion, yard supervision, spares, crew, training, contingencies, initial bunker supply, and voyage-related costs to deliver the FLNG to its operational site, excluding financing costs.

Golar expects to take delivery of the MK II FLNG in the fourth quarter of 2027.

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Chinese yard progresses Golar FLNG conversion work

China's CIMC Raffles is moving forward with converting Golar LNG's 148,000-cbm Moss-type carrier, Fuji LNG, into an MKII FLNG with a capacity of 3.5 mtpa. Following completion next year, this FLNG will be deployed in Argentina under a charter deal with SESA.