Adris, Ericsson Nikola Tesla push higher Croatian share indices
Sales of new dwellings in Bosnia's Federation up 1.2% in 2023
Ljubljana share indices decline, Cinkarna Celje paces losers
Sales of new dwellings in Bosnia up 26.3% y/y in Q4
Romanian stock indices turn red, Electrica leads decliners
Dec 05, 2023 15:25 EEST
December 5 (SeeNews) - Norway's Wartsila Gas Solution said on Tuesday it has signed a deal with Chinese Nantong CIMC Sinopacific Offshore & Engineering Co. (CIMC SOE), under which the Chinese shipyard will build a regasification module for the needs of LNG Croatia, the operator of the liquefied natural gas (LNG) terminal on the Krk island.
“CIMC SOE is a sub-supplier,” Ellin Hasund, sales and marketing coordinator told SeeNews in an emailed statement. She did not disclose the value of the deal between CIMC SOE and Wartsila.
CIMC SOE said in a press release last month that it signed the contract to build the regasification module with the Norwegian company on November 22 in Qidong, eastern China. It did not disclose the value of the deal.
The module is an extension of the regasification capability of LNG Croatia, installed in front of the regasification module of the former floating storage regasification unit (FSRU), CIMC SOE said. The whole structure is stainless steel, there are ultra-high pressure pipes and plated plastic pipes, and the module construction precision is very high, the Chinese company explained.
In April, LNG Croatia and Norway-based supplier of cargo handling and reliquefaction systems Wartsila Gas Solutions signed a contract to deliver an additional regasification module with a maximum capacity of 250,000 cubic metres per hour, worth 22.97 million euro ($25 million), in a move to more than double the existing capacity of the terminal.
In June, Wartsila said that the new module will supplement the vessel’s existing onboard Wartsila regasification system and increase the terminal’s capacity by 212million standard cubic feet per day or 250,000 m3 per hour. "The expanded capacity helps position Croatia as an energy hub for the region," Wartsila said back then, adding that the plant will be installed during summer 2025.
The installation of the new regasification module will allow LNG Croatia to boost the capacity of the terminal to 6.1 billion cubic meters of gas per year from the current 2.9 billion cubic meters, the company said earlier.
($ = 0.924 euro)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options