Shipowner NYK will be taking part in an LNG floating storage and regasification power generation facility (FSRP) project in Papua New Guinea (PNG).
In a statement issued today (12 January), NYK said that will participate in the design, development and engineering work of the facility, which will be based near Lae, the capital of the Morobe province.
NYK will be working with Chiyoda Corporation and Moss Maritime AS, a Norwegian company. The design, development and engineering work contract was received by the Chiyoda Corporation from Kumul Petroleum Holdings Limited, a national oil company in PNG.
The new FSRP facility will have the capacity to generate 75 MW of power to be exported to the local transmission grid, in addition to being able to load and store 140,000 cubic metres (cbm) of LNG that can be offloaded to small scale vessels and redistributed to local areas. The LNG can also be regasified and exported as gas via a pipeline to local areas as well.