Oil & Gas Innovation OGI Winter 2018 Digital Version - Page 33

NEWS - ASIA PACIFIC CNOOC Rents Trucks to Transport LNG C Wison Delivers Barge-Based FSRU to Exmar hina National Offshore Oil Corp. (CNOOC) has rented a convoy of 100 trucks to transport LNG from its main receiving terminals in southern China to alleviate gas shortages in the north. Northern China has only one LNG terminal and shortages are worsening. W Although trucking LNG to industrial customers has become more common this year, it is unusual for a company to resort to this on such a scale or across such large distances. ison Offshore & Marine (“Wison”) is pleased to announce that the company has completed final delivery of the world’s first barge-based floating LNG storage and re-gasification unit (FSRU) to Belgian company Exmar, who has also confirmed that long-term employment for the FSRU starting from mid-2018 has been secured. Further to successful delivery of the Caribbean FLNG in January 2017, this marks another key milestone for the cooperative relationship between Wison and Exmar. CNOOC did not say how much it had spent on renting the trucks but Reuters calculated that trucking LNG 2,400 km from its Zhuhai receiving terminal in southern China to Baoding – a major city in northern Hebei province – would take around two days and cost 50,400 yuan (US$76,257) per truck. That would equate to nearly a third of the value of a 20-tonne cargo of LNG, based on offer prices of 9,000 yuan (US$1,368) per tonne on December 15. 17 trucks per day will make the journey. The FSRU barge constructed at Wison Nantong shipyard features an LNG storage capacity of 25,000m³ and a re-gasification capacity of 600MMSCFD. It is the first ever FSRU project undertaken by a Chinese company on EPC basis. The project was executed with a quest for efficiency and openness to innovation. For instance, modularized approach shortened the schedule and lowered the risks associated in construction phase, while a dedicated cargo handling system for the SPB tanks has been developed. CNOOC has only one LNG receiving terminal in southern China, in Tianjin, and this is already operating at full capacity. “We hope to provide more LNG resources to north China with truck delivery,” CNOOC said in its statement. This follows an announcement the previous week that it had also rented two tankers to provide floating storage for LNG imports off China’s coast. Mr. Huaqing Wei, Project Director for the FSRU Project and Deputy General Manager of Wison (Nantong) Heavy Industry commented; “We are glad to continue working with Exmar on the first-of-its-kind floating LNG projects and feel grateful for concerted efforts by all partners who made it happen.” This barge-based FSRU serves as a flexible LNG receiving solution which makes considerable reductions in CapEx and lead time possible for project developers. Wison is making firm progress in cementing its leading position in providing integrated solutions and project delivery services along LNG value chain. Mr. Ying Cui, CEO of Wison Offshore & Marine said, “Successful delivery of the project again showcases Wison’s strong capability to deliver cost-effective solutions. We are committed to commercialization of global LNG industry by delivering higher returns for various types of infrastructure investors, making LNG more affordable.” • With northern China’s gas shortages intensifying, China’s National Development and Reform Commission (NDRC) ordered CNOOC and industry peers China National Petroleum Corp. (CNPC) and Sinopec on December 18 to reduce natural gas supplies to manufacturers of chemicals, methanol and fertiliser by around 15 mcm per day. NDRC spokeswoman Meng Wei also said that Beijing had co- ordinated with the three major energy companies to augment supplies by raising gas output, boosting imports and accelerating infrastructure development. • 21 / ZONE 1 YOUR EXPERT IN COMMUNICATION AND MOBILE SOLUTIONS IS910.1 IS520.1 WWW.ISAFE-MOBILE.COM