FSRU stands for Floating Storage and Regasification Unit. Natural gas is cooled to approximately -160°C at the source of production to reduce its volume down to 1/600 for better transportation efficiency.
This liquified natural gas (LNG) is transported across several thousand nautical miles on an LNG carrier. The LNG needs to be brought back to its gas state at the area of consumption. As an alternative to an LNG facility constructed on land, FSRU receives and stores LNG offshore.
FSRU warms up LNG for regasification and sends it out as high-pressure gas according to the customer's demand.
MOL can meet a wide range of customer demand by combining FSRU with various services.
One of our new business areas is the LNG-to-Powership® business. LNG-to-Powership® projects consists of the collaborative operations of the FSRU to deliver regasified LNG and the Powership® to receive regasified LNG in order to produce electricity, which is then transmitted to land. We are developing this business under the brand name of KARMOL with Karpowership, a Turkish company that is a pioneer of the Powership® solution.
A high-pressure pump compresses LNG and feeds it to a vaporizer. The high pressure is generated by spinning the impellers. Its robust design enables stable operations at the ultralow temperature of approximately -160°C.
The vaporizer regasifies the compressed LNG. Normal temperature sea water or antifreezing glycol is circulated around the piping for compressed LNG, and exchanges heat with compressed LNG to make it regasified.