LNG

Floating power plants are an opportunity for LNG

In the future, floating power plants could be fuelled by LNG rather than piped gas or fuel oil In the future, floating power plants could be fuelled by LNG rather than piped gas or fuel oil.
By Andrew Walker 16 March 2018 0 30027
A Karadeniz powership The Orhan Bey powership. (Karadeniz)

Turkey’s Karpowership is set to become the first company to offer LNG-fuelled floating power plants, having placed an order with South Korea’s Gas Entec last week for regasification modules that will be fitted onto its vessels. This opens up a new market for LNG.

A number of companies have developed designs for floating power plants that would run on LNG, including shipowners such as Mitsui OSK Lines and shipbuilders such as...