Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC

EIA: Usage of FSRUs increase 46% in 2015 over 2014 levels

Eia Gas Chart 2

Photo courtesy US Energy Information Administration

Energy Information Administration - Earlier this month, Pakistan announced plans to build infrastructure for a second floating storage and regasification unit (FSRU) to import LNG, doubling its current regasification capacity. Pakistan is one of several countries that experienced strong growth in natural gas demand in recent years, primarily for gas-fired electric generation, and have limited options to import natural gas by pipeline or produce it domestically. FSRU technology allows a flexible, cost-effective, and relatively quick way to import LNG to address supply shortages. In 2015, global imports of LNG using FSRU increased by 46% as compared to 2014, primarily as a result of three new countries that began LNG imports via FSRU—Egypt, Pakistan, and Jordan.

FSRU technology is increasingly used worldwide, particularly in smaller, emerging markets that have either supply shortages or a highly seasonal demand. FSRU typically involves a specialized vessel, which is capable of transporting, storing, and regasifying LNG onboard. Currently, there are 24 operating FSRU vessels: 18 are moored in ports worldwide on a short-term basis and can be relocated if a country's demand requirements change, three are engaged in LNG trade, and three are permanently moored. Seven more FSRUs are currently under construction, with expected delivery dates in 2016-18, according to the International Group of Liquefied Natural Gas Importers (GIIGNL).

Global LNG imports received by FSRU terminals in 2015 amounted to 2.7 Bcfd and accounted for 8% of global LNG imports, according to EIA's calculations based on GIIGNL data. In 2015, FSRUs represented 9% of the global regasification capacity, based on data by the International Gas Union. Three new importers in 2015—Pakistan, Jordan, and Egypt—have collectively imported 0.7 Bcfd, accounting for 27% of the total imports using FSRUs and 85% of the year-on-year increase in FSRU imports. Two more countries are expected to begin imports using FSRUs this year: Ghana and Colombia. In its recently released International Energy Outlook, EIA assumed that in 2017-18, several other countries will add FSRUs, including Uruguay, Chile, Puerto Rico, Bangladesh, India, and Russia, increasing total global FSRU capacity to 13.5 Bcfd.

For the original article, go to:

Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo


Editorial Comment
-Adrienne Blume
China is hosting the 19th International Conference and Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai from 1–5 April—an appropriate choice of host country, given China’s increased appetite for natural gas.
EWAnalysis: Canada comes late to LNG; projects and prospects mixed
- Energy Web Atlas
Canada has abundant natural gas resources.
Executive Viewpoint: BHGE developing technology-driven solutions to reduce total cost of ownership
-Alberto Matucci
While BHGE recently won new orders for LNG projects, the company remains committed to differentiating the business, implementing solutions proven in LNG into other applications of the oil and gas value chain.
Industry Trends: Russia and US go head-to-head over EU gas market
-Eugene Gerden
Lower-cost Russian gas will likely continue to dominate the EU market in the coming years, despite the growth in oil prices, to which Russian gas prices are linked.

A New Approach to Large Medium Voltage Drives

Register Now

By attending this webinar, you will learn the benefits of using a single-channel, Variable Frequency Drive (VFD) solution for applications above 9,000Hp with operating voltages from 11kV to 13.8kV. We will explore a VFD solution that does not require a step-up output transformer but still provides maximum control, environmental and motor flexibility to the end user. We will also discuss how to provide maximum reliability using power cell redundancy and the removal of water cooled components. The topics covered in the webinar include:
•A brief review of the multi-cell M2C topology
•A review of the physical implementation and the advantages it offers to the end user
•A presentation of the various implementations and ratings available for use on typical pump, compressor and fan applications.

May 7, 2019 10:00 AM CDT

Register Now


Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2019 Gulf Publishing Holdings LLC.