Keppel Shipyard has signed a contract under which it is undertaking the conversion of a LNG carrier to a floating storage and regasification unit (FSRU) bound for the El Salvador’s first integrated LNG-to-power project at Port of Acajutla.
Keppel Offshore & Marine (Keppel O&M) announced that its wholly-owned subsidiary Keppel Shipyard in Singapore has signed a contract under which it is undertaking the conversion of a LNG carrier to a floating storage and regasification unit (FSRU) bound for the El Salvador’s first integrated LNG-to-power project at Port of Acajutla.
The contract was inked with FSRU Development, a joint venture company between BW Gas and Invenergy Investment Company (Invenergy), Keppel O&M said, adding that the project represents Keppel’s fifth FSRU conversion as it is “on progressive payment terms”.
“Keppel O&M converted the world’s first FSRU in 2008 and has been strengthening its comprehensive suite of offerings along the gas value chain.”
The Acajutla LNG-to-power project is comprised of a 378-MW natural gas-fired power plant, a FSRU (Shell’s 2002-built 137,000-CM Gallina LNG carrier that will be converted to the FSRU), and an approximately 44-Km electric transmission line that will connect to the Central American Electrical Interconnection System, strengthening the country’s electric grid. The project is scheduled to be operational by the end of next year and will meet 30% of El Salvador’s energy demand, according to the
Global LNG Info’s Database.
“LNG delivered to the FSRU will be regasified and transported to the power plant through a sub-sea pipeline to be engineered and constructed by Boskalis.”
Backgrounds:
On 28 Dec. 2019, BW LNG announced that it will provide a FSRU for Acajutla LNG-Power project that will be permanently moored offshore, with its sister company BW Offshore providing the spread mooring; where LNG will be converted to natural gas and transported through a sub-sea gas pipeline to a power plant on land.
On 8 Jan. 2019, Wartsila announced that it has started site work for a new 378-MW power plant in El Salvador to be fired by LNG that will supply 30% of the national demand. This facility, ordered by Energía del Pacífico, is being supplied by Wartsila on a $272 million EPC and operation and maintenance services contract won back in 2015.
