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Next floating LNG terminal arrived in Germany

The 'Hegh Gannet', the next floating terminal to import liquefied natural gas (LNG) arrived in the port of Brunsbuettel on Jan 20, the third such vessel to start up in recent weeks as Europe’s top economy is rushing to diversify away from former top supplier Russia The vessel arrived at the ElbePort at 7.15 a.m. UTC, allowing LNG carriers to land and their cargoes to be regasified in order to feed them into the German gas grid. The first LNG cargo to be unloaded at the so-called floating storage and regasification unit – coming from Abu Dhabi National Oil – is scheduled to arrive at the end of January.

Höegh LNG announces delivery of FSRU number nine, "Höegh Gannet"

Höegh LNG Holdings Ltd. (Höegh LNG) today took delivery of Höegh Gannet, its ninth floating storage and regasification unit (FSRU), the company said in a press release. Höegh Gannet has regasification capacity of 1 Bcf per day and storage capacity of 170 000 cbm of LNG, combined making it the largest FSRU built by capacity. The unit has been constructed by Hyundai Heavy Industries in South Korea and is equipped with a reinforced GTT Mark III membrane containment system and dual-fuel diesel-electric (DFDE) propulsion. Höegh Gannet is part of HLNG’s ongoing tender processes for FSRU projects with scheduled start-up in the 2019-21 period. For the interim period between delivery and start-up under a long-term contract it will serve an LNGC charter with Naturgy, which starts immediately after the positioning voyage from the shipyard. This interim contract runs for 15 months, under which Höegh Gannet will earn a fixed dayrate in line with the historical medium term LNGC market.