LNG

Hong Kong makes progress on LNG import plans

The city will lease the Challenger FSRU from late 2020, with an FID on the import project expected later this year The city will lease the Challenger FSRU from late 2020, with an FID on the import project expected later this year.
By Damon Evans 6 July 2018 0 31629
The Challenger is the world’s largest FSRU. (Mitsui OSK)

Hong Kong has taken a step closer to realising its LNG import plans after reaching an agreement to charter the world’s largest FSRU from late 2020.

Japan’s Mitsui OSK Lines will supply its Challenger FSRU to Hong Kong. The vessel, which was built in 2017, can process around 6 mtpa of LNG and is capable of receiving Q-Max tankers – the largest LNG carriers in the world. It is expected to be chartered for 13 years with an option for a further five...