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Wison delivers world’s first FLNG barge

Wison delivers world’s first FLNG barge
Shanghai-headquartered Wison Offshore & Marine has delivered the world’s first floating liquefaction natural gas (FLNG) barge with a liquefaction capacity of 500,000 tonnes a year.

The FLNG barge, named Caribbean FLNG, marked the first time in history that LNG has been produced onboard a floating facility, and the first time that a floating liquefaction unit has completed gas trial and performance test before sailing out, according to Wison.

Wison undertook the Caribbean FLNG project under an engineering, procurement, construction, installation and commissioning (EPCIC) contract with Exmar.

The project received financing support from Bank of China, Deutsche Bank and China Export & Credit Insurance Corporation.

Wei Huaqing, project manager for the Caribbean FLNG project and deputy general manager of Wison (Nantong) Heavy Industry, stated: “The project not only cemented Wison’s leading position in turnkey projects of floating LNG production, storage and transportation facilities around the world, but also showcased the market a cost effective and reliable floating liquefaction solution that could help clients to monetize their gas asset more efficiently.”

Meanwhile, Wison last week announced that its newly developed floating storage regasification and power generation barge (W-FSRP) has received an approval-in-principle from classification society Bureau Veritas (BV).

The 50-megawatt W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation, making small scale gas-to-power solutions more competitive.

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The world's first FLNG barge delivered by Shanghai-headquartered Wison