Emmett backs FSRU concept

HORIZON Oil CEO Brent Emmett has told Energy News that new floating regas technology being developed in South Korea is exactly what is needed to facilitate LNG imports into Australia to ease the east coast gas crisis.
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Staff Reporter

ABS announced this week it had verified work by Hanjin Heavy Industries & Construction in designing a new floating storage and regasification unit which could well suit AGL Energy's plans to import LNG into Australia.
The smaller 25,000cu.m design concept incorporates four type C cargo tanks to simplify the transfer of gas to the storage terminal. 
Emmett, whose company is developing a mid-scale LNG project on Papua New Guinea's Daru Island for the Southeast Asian market, had already revealed to Energy News that he was open to the possibility of feeding Australia's north and/or east coast markets.
With AGL already planning an import terminal in either Victoria, New South Wales or South Australia, Emmett said either of the first two options would be feasible for the vessels carrying smaller cargoes of gas from his Western LNG project.
"With that type of FSRU they're mounting the power generation gear on the deck so they have gas-fired power, so they anchor them in the port and you just plug and play," Emmett told Energy News yesterday, referring to HHIC's concept.
"The output from the power generation plugs into their local power supply and transmission system and the carriers come around on a ‘milk run' and just top up the FSRUs, in the case of that one, 25,000cu.m.
"That's exactly what we're looking at."