Wärtsilä LNG reliquefaction retrofit contract reduces costs and emissions
Wärtsilä Corporation, Trade press release, 15 May 2023 at 10 AM EEST
Technology group Wärtsilä will supply the reliquefaction system for a retrofit project on an LNG carrier vessel converted to operate as a floating storage unit (FSU). The vessel, the ‘Energos Grand’ is owned by Connecticut, USA based operator Energos Infrastructure, and is being chartered by New Fortress Energy. The order was booked by Wärtsilä in March 2023.
The Wärtsilä system allows the boil-off-gas (BOG) from the LNG onboard to be reliquefied and returned to the cargo tanks rather than being wasted. The solution contributes to a significant reduction in emissions and creates cost savings, as well as optimizing the LNG cargo level.
“Wärtsilä’s experience and expertise in LNG reliquefaction and gas handling are well known and we had no hesitation in selecting their equipment and services for this project,” said Tim Twomey, Senior Vice President Fleet Technical, Energos Infrastructure. “We are therefore glad to again team up with Wärtsilä as a critical partner for our conversion projects, and view their reliability and robust technology as an important factor to proceed with this project.”
“This project shows New Fortress Energy’s and Energos’ commitment to improving the environmental profile of their fleet, and we are happy to once again be shown the trust of these partners in this conversion project. Our robust and reliable Compact Reliq technology is a perfect match for such applications. It combines cost-efficiency with low maintenance to deliver a solid environmental and commercial return,” commented Pål Steinnes, Head of Sales and Business Development Midstream, Wärtsilä Gas Solutions.
The Wärtsilä equipment is scheduled for delivery during the second half of 2024.
Wärtsilä Gas Solutions is a market leader with innovative systems and lifecycle solutions for the gas value chain. Our main focus areas are handling of gas in seaborne transport (storage, fuel, transfer and BOG management), gas to power, liquefaction and biogas solutions. We help our customers on the journey towards a sustainable future through focus on lifecycle, innovation and digitalisation.
Media contact for more information on this release:
Elin Saure Hasund
Sales & Marketing Coordinator, Gas Solutions
Wärtsilä Marine Systems
Tel: +47 91721144
Elin.saurehasund@wartsila.com
Image caption: Vessel Energos Grand © Energos Infrastructure
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Wärtsilä Marine Systems in brief:
Wärtsilä Marine Systems supports customers with high quality products and lifecycle services related to the gas value chain, exhaust treatment, shaft line, underwater repair. We are committed to providing the latest and most efficient solutions, in line with Wärtsilä’s vision for a safe and sustainable future for our customers, our communities and our planet.
www.wartsila.com/marine
Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
