Hong Kong welcomes 1st FSRU
Hong Kong’s first floating storage and regasification unit (FSRU) vessel has arrived at the South Cheung Chau Anchorage, CLP Power and HK Electric, who are jointly developing Hong Kong’s first LNG import terminal, said on April 13.
The FSRU, which will be named Bauhinia Spirit, is the world’s largest with an overall length of 345 m and a storage capacity of 263,000 m3 of LNG. It will be moored at the jetty of the offshore LNG terminal and be used to receive, store, and regasify LNG.
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The offshore LNG terminal will be operated by the Hong Kong LNG Terminal, a joint venture between CLP Power and HK Electric.
When checks and port clearance procedures are completed, the FSRU vessel will sail to the offshore LNG terminal east of the Soko Islands next week for the final commissioning of the project, the companies said.
“Construction of a marine jetty and two subsea gas pipelines of the terminal has been completed. Commissioning of equipment is under way and the terminal is scheduled for operation in mid-2023,” they said. "When it goes into operation, the LNG terminal will further improve the stability of Hong Kong’s natural gas supply by diversifying supply sources, allowing Hong Kong to procure natural gas at competitive prices from the global market."
CLP Power operates a vertically integrated electricity supply business in Hong Kong while HK Electric supplies power to customers on Hong Kong and Lamma Islands.