Höegh LNG offers comprehensive solutions through its extensive development, project management and construction skills, and has successfully executed integrated projects for customers that include bothfloating storage and regasification units (FSRU) and infrastructure such as mooring systems, off-loading arms and export pipelines.
Höegh LNG's FSRUs are new assets, with the latest and most efficient technology, and capacities tailored to the requirements of its customers. However, an FSRU conversion is considered an alternative for projects with a near-term start-up date, owing to the shorter construction schedule.
FSRUs are fitted with LNG regasification technology, allowing them to re-gasify and discharge natural gas under high pressure. The onboard re-gasification system enables the FSRUs to deliver natural gas directly to the end-user through either a grid or a dedicated pipeline. The majority of Höegh LNG's FSRUs furthermore have full trading capability, enabling them also to operate as standard LNG carriers.
Höegh LNG as your preferred partner
Höegh LNG's business model is to have one open FSRU at any given time, reducing time to first gas for customers by offering early delivery.
Höegh LNG's services are provided by a fully integrated organisation, providing all aspects of financing, construction and operations of its vessels. The customer base includes some of the most respected and successful energy companies in the world, for whom Höegh LNG operates the most modern FSRUs on the water.
Benefits of choosing a floating storage and regasification unit
The following highlights the advantages of a floating import terminal solution as opposed to an onshore solution:
Ability to locate the terminal close to and serve an attractive market which would otherwise not be able to utilise natural gas
- Half the time to construct
Half the cost
Less risk of cost overruns, through constructing a significant portion of the terminal on fixed price and delivery time at a shipyard which is specialised on such construction
Less environmental impact
Flexibility to relocate the FSRU or use it as an LNGC