FSRUs - Floating Storage Regasification Units
Offering lower CAPEX and shorter commissioning lead times than onshore LNG terminals, Floating Storage and Regasification Units (FSRUs) play an important role in enabling global LNG supply chains. They are an attractive option for countries looking to quickly increase energy imports or improve energy security.
Drawing upon its extensive technical and regulatory expertise, Bureau Veritas has become a global leader in the classification of FSRUs. Under current market conditions, it is vital for operators to have flexibility. They should be able to to declare LNG carriers (LNGCs) that are permanently operating as regasification units at a particular site, or as trading LNGCs with temporary regasification capabilities.
Regular access to clean energy is a priority around the world, especially in developing countries. FSRUs offer a viable solution to this challenge, but asset operators need a trusted partner to help them develop new LNG projects quickly, safely and on budget.
- Our mission is to help FSRU operators with the flexibility the market demands, including the possibility of operating under project-specific Alternative Survey Programs
- Our dedicated LNG expert team ensure quick support to shipyards and designers for efficient alignment on statutory and rules requirements.
- We are experts in conversions, providing dedicated Condition Assessment Programme (CAP) services based on the dedicated guidance notes on for LNG Carriers (NI623) and on Conversion to FSRU (NI655)
our offer
Managing costs
With a dedicated LNG support team, Bureau Veritas is able to provide timely support to shipyards on all regulatory matters, helping to avoid cost increases. We give particular attention to design appraisal and quality review to ensure efficiency and adherence to the project timeline.
Our large network of highly qualified gas surveyors guarantees a fast response time for survey attendance, wherever the FSRU is operating.
Writing the Rules
In response to industry demand, Bureau Veritas offers specific Rules (NR 645) for the classification of FSRUs, detailing requirements to address technical and operational aspects. These rules apply a unified approach to safety and design challenges while providing two additional class notations.
Continuing Innovation
The long-term success of LNG depends on reliable global supply chains. This is why Bureau Veritas works upstream, classing innovative FSRUs. We are propelling the industry forward, working side by side with our clients to develop innovative concepts, such as using FSRUs as gas to power floating installations.
Classification on the move
FSRU operators need the freedom to adapt to a fast-changing market. This means having multi-function vessels that can trade as LNGCs or operate as regasification facilities either temporarily or permanently. Our Rules cover all such situations and our experts provide the necessary regulatory guidance for these different operating options.
Photo credit: MOL
COO
Excelerate
Bureau Veritas has been our FSRU classification society from the beginning. It’s been a great benefit to have a classification society that has been flexible and willing to work with us as the market evolves.
Read our Floating Offshore Gas Units brochure
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