White paper navigates the options for FSRUs
Deployment of an FSRU or FSU is a relatively fast, cost-efficient way for countries to develop LNG import capability. It is also attractive to operators, as floating units are flexible and can be redeployed at the end of a contract.
A new white paper published by Bureau Veritas aims to guide operators through the options available, and the important decisions to be made when developing an FSRU project. Will the unit be a conversion or a newbuild? Does it require regasification (FSRU) or is it to be used for storage only (FSU)? Will it be a ship or a barge? Will its location be near shore or offshore? Would the unit be moored for a long period or relocated after few years?
A fundamental issue is to whether to follow a “marine” approach to considering risk, in line with marine classification rules and SOLAS, or an “offshore” approach. Location is a deciding factor in design, operation and regulatory requirements. “The white paper talks through some specific examples, such as the leakage risk of an FSRU required to carry out ship-to-ship LNG transfers and the sloshing studies performed for the LNG carrier that may enable it to act as an FSRU.
Commercial options need to be enabled and supported by the best technical insight and in compliance with appropriate regulatory regimes and standards. Bureau Veritas offers a range of rules, guidance, software and studies to support safe FSRU development.