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ABS grants AIP for Chiyoda floating LNG power plant concept

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LNG Industry,

ABS has announced that it has granted approval in principal (AIP) for a floating LNG power plant and floating storage and regasification unit (FSRU) design concept developed by Chiyoda Corp.

The concept offers a new approach to delivering new power sources to remote corners of the globe. It is based on existing LNG carriers, which are converted into floating power plants with small (~72 MW) to medium (~400 MW) scale power generation capabilities. ABS applied its relevant Rules and Guides when reviewing the concept to confirm that the conceptual design meets the intent of applicable gas requirements.

Patrick Janssens, ABS Vice President for Global Gas Solutions, said: “As the energy mix shifts and global demand for gas increases, concepts like this will reshape how energy is supplied.

“By working closely with Chiyoda, we were able to help them prove the feasibility of this novel and innovative concept.”

Toyomitsu Kanai, Chiyoda Corp. Project Manager, added: “By applying ABS’ robust guidance, we were able to develop a concept that meets operational demands and advances safety.

“By basing this concept on existing LNG carriers, we are able to reduce constructions costs and shorten delivery times. We look forward to developing this concept further and expanding the LNG value chain to new markets.”

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