Hyundai to Build LNG Regasifying Ship for Gazprom
By Aiswarya Lakshmi
Friday, May 1, 2015
South Korea's Hyundai Heavy Industries has won the Gazprom Flot tender for the construction of the Kaliningrad floating LNG terminal, Gazprom said.
It will build a floating liquefied natural gas terminal in the western Russian city of Kaliningrad for $295 million.
The following companies participated in the tender: DAEWOO Shipbuilding and Marine Engineering Co., ltd and Samsung Heavy Industries Company, Limited.
A 3.5 km pipeline will run from the vessel to shore near the Kulikovskaya wind power plant at the southern end of the Curonian Spit. The contract for the facility will be signed in May, with the floating terminal to be delivered by November 2017.
The Kaliningrad FLNG may be the first gas provider for the region, but will be “subsequently replaced by the Baltic LNG project”, Gazprom noted on its website.