POSCO Energy Launches Gas Trial Business Targeting Overseas Shipping Companies
[Asia Economy Reporter Yoonju Hwang] POSCO Energy is set to intensify its gas trial business targeting overseas shipping companies.
On the 20th, POSCO Energy successfully completed a gas trial service for the FSRU (Floating Storage Regasification Unit) type LNG carrier vessel built by Daewoo Shipbuilding & Marine Engineering for the US company Excelerate Energy at the Gwangyang LNG Terminal.
A gas trial is a process conducted on newly built LNG carriers delivered to overseas shipping companies, where natural gas is charged into the LNG tanks before the vessel moves to the LNG loading berth, and the temperature is lowered to an appropriate level to ensure stable storage of LNG.
Unlike general LNG vessels, FSRU type LNG carriers are special ships equipped with vaporizers that convert LNG from liquid to gas, enhancing efficiency in gas supply.
By successfully completing the gas trial service for the FSRU type LNG carrier, POSCO Energy has demonstrated its capability to provide gas trial services for various types of LNG carriers, including general LNG vessels.
Since taking over the Gwangyang LNG Terminal from POSCO in September last year, POSCO Energy has been expanding related businesses alongside the LNG terminal leasing business. In April this year, the 5th LNG tank with a capacity of 200,000㎘ began commercial operation, and the company successfully conducted gas trial services for a 174,000-ton LNG vessel of the British shipping company Cheniere, accelerating its LNG terminal business.
Starting in August, POSCO Energy plans to fully launch gas trial services for vessels built by domestic shipbuilders. Since there are limited places in Korea capable of providing gas trial services for LNG carriers scheduled for delivery, POSCO Energy's Gwangyang LNG Terminal is expected to alleviate difficulties faced by shipbuilders.
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Based on the successful gas trial service performance for the FSRU type LNG carrier, POSCO Energy plans to conduct aggressive marketing targeting shipping companies in the special LNG vessel market going forward.
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