{"id":236001,"date":"2024-03-05T15:32:45","date_gmt":"2024-03-05T13:32:45","guid":{"rendered":"https:\/\/maritimes.gr\/?p=236001"},"modified":"2024-03-05T15:32:45","modified_gmt":"2024-03-05T13:32:45","slug":"lr-to-redeliver-first-lngc-to-fsru-conversion-for-cpp-cosco-and-cygas","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/lr-to-redeliver-first-lngc-to-fsru-conversion-for-cpp-cosco-and-cygas\/","title":{"rendered":"LR to redeliver first LNGC to FSRU conversion for CPP, COSCO and CYGAS"},"content":{"rendered":"<p>The conversion of LNG carrier SS Galea to FSRU Etyfa Prometheas represents the first such conversion for both Cyprus and the Eastern Mediterranean.<\/p>\n<p>Lloyd\u2019s Register (LR), China Petroleum Pipeline Engineering (CPP), COSCO Shipping and CyGas are currently working together on a project to convert the LNG carrier SS Galea to a Floating Storage and Regasification Unit (FSRU), to be named Etyfa Prometheas. The vessel is currently undergoing the final stages of conversion at the COSCO Shanghai yard before sailing.<\/p>\n<p>The FSRU is owned by CPP and will be operated by CyGas, which is responsible for the import, storage, distribution, transmission, supply, trade and management of natural gas in Cyprus, at the port of Vassilikos. The terminal infrastructure at Vassilikos is in its final stages of construction and is set to be connected to the FSRU within the next three to six months.<\/p>\n<p>FSRUs and floating terminals are playing an increasing role in energy security and infrastructure, with assets being either constructed via new designs or converted from existing LNGCs. The units provide a viable alternative to meet the growing demand for liquefied gas storage and regasification and are significantly more affordable to operate than onshore plants.<\/p>\n<p>As part of the conversion process, LR acted as a trusted adviser, project managing the conversion to ensure the FSRU meets all safety, quality and efficiency requirements. Moving forward LR will provide effective support throughout the vessel\u2019s operational life.<\/p>\n<p>Sau Weng, Lloyd\u2019s Register Greater China President said: \u201c<em>This is a significant conversion project and is the first of its kind to be performed by LR for COSCO Heavy Industry, in cooperation with the CPP and CyGas.\u00a0 Conversions of LNG carriers to FSRUs are complex projects and the safe management of the project\u2019s overall efficiency marks a milestone for all stakeholders involved, along with the increased gas supply chain infrastructure for the eastern Mediterranean.<\/em>\u201d<\/p>\n<p><strong>Mr. Lu Shu, Executive Director of CPP<\/strong> said: \u201c<em>We are very proud to be able to cooperate with LR on this Cyprus FSRU conversion project. As an important project on the Belt and Road, LR&#8217;s professionalism and close cooperation ensure the smooth implementation of the entire project!<\/em>\u201d<\/p>\n<p><em><strong>About Lloyd\u2019s Register<\/strong><\/em><\/p>\n<p><em>Trusted maritime advisers, partnering with clients to drive performance across the ocean economy.<\/em><\/p>\n<p><em>Lloyd\u2019s Register (LR) is a global professional services group specialising in marine engineering and technology. With a heritage going back more than 260 years to the establishment of the world\u2019s first marine classification society; improving and setting standards for the safety of ships.<\/em><\/p>\n<p><em>Today we are a leading provider of classification and compliance services to the marine and offshore industries, helping our clients design, construct and operate their assets to accepted levels of safety and environmental compliance.<\/em><\/p>\n<p><em>We also provide advice, support and solutions on fleet performance and optimisation, voyage optimisation, enhancing our clients\u2019 digital capability. Our digital solutions are relied upon by more than 20,000 vessels.<\/em><\/p>\n<p><em>In the race to zero emissions, our research, technical expertise and industry-firsts are supporting a safe, sustainable maritime energy transition.<\/em><\/p>\n<p><em>Lloyd\u2019s Register Group is wholly owned by the Lloyd\u2019s Register Foundation, a politically and financially independent global charity that promotes safety and education.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The conversion of LNG carrier SS Galea to FSRU Etyfa Prometheas represents the first such  [&#8230;]<\/p>\n","protected":false},"author":23,"featured_media":236002,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,299],"tags":[307],"class_list":["post-236001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritimes-news","category-off-shore","tag-featured-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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