Excelerate’s FSRU wraps up sea trials in South Korea

Excelerate Energy’s new floating storage and regasification unit (FSRU) has completed its sea trials in South Korea.

“Hull 3407 has returned from sea trials after successfully completing major performance and safety tests — an important step as we prepare the vessel for deployment to Excelerate’s integrated LNG import terminal in Iraq,” the US FSRU player said on Monday via its social media.

“Built at the HD Hyundai Heavy Industries (HHI) shipyard in South Korea, Hull 3407 reflects the expertise of our engineering and operations teams and underscores a broader reality: the world needs more flexible LNG regas infrastructure to strengthen energy security and meet growing demand,” Exclerate said.

Exclerate added that the FSRU will undergo gas trials in late February as it continues progressing toward delivery.

In October 2022, Excelerate ordered this FSRU from HD Hyundai Heavy.

The US firm will pay about $332 million for the construction of the vessel.

Last year, HD Hyundai Heavy launched the FSRU.

Excelerate said the FSRU will have a maximum regasification capacity of one billion standard cubic feet per day (1,000 MMscf/d).

According to Excelerate, the vessel will feature HD HHI’s proprietary LNG regasification system, dual-fuel engines, selective catalytic reduction system, boil-off gas management, and other technologies which will improve performance and efficiency while lowering emissions.

The vessel’s tanks will be fitted with GTT’s Mark III Flex membrane containment system.

Moreover, the unit will feature the world’s first H54DF HiMSEN engine.

Following delivery later this year, Exclerate will have 12 FSRUs in its fleet, including a chartered FSRU integrated with the Jamaican assets.

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