Printer Friendly

Excelerate energy to provide world's largest FSRU to Petrobras.

Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 MMcm/d of natural gas to the southeast region of Brazil.

In addition, from July 2013 until the arrival of the VT3, the Guanabara Bay Terminal will make use of the Exquisite, one of Excelerate Energy's existing FRSUs with an increased regasification plant, expanding terminal delivery capacity from 14 to 20 MMcm/d

The VT3 newbuilding design is based on Excelerate Energy's existing fleet and Petrobras requirements, and will have a storage capacity of 173,400 m3 making it the largest FSRU in the industry. Capable of operation as both an FSRU and a fully tradable LNG carrier, the vessel is expected to enter into service in May 2014.

Excelerate Energy has selected DSME for construction of the vessel, the same shipyard that built its previous eight FSRUs.
COPYRIGHT 2011 Oildom Publishing Company of Texas, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Offshore
Publication:Pipeline & Gas Journal
Date:Oct 1, 2011
Words:159
Previous Article:Van Oord acquires shallow water pipelay barge.
Next Article:BP FPSO for harsh weather operations.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |