Wärtsilä to supply re-gasification system for Norwegian ship conversion

Wärtsilä Corporation, Press release, 25 August 2016 at 9.30 am EET

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August.

The Wärtsilä re-gasification system to be supplied will feature regas technology using water glycol as the intermediate medium instead of propane. This provides a more compact solution being some 15 percent smaller and lighter than the propane based system.

"We have enjoyed a good relationship with the customer for many years and have supplied them with a number of regas systems. Repeat orders are the most positive endorsement of customer satisfaction, and we are delighted to again be the supplier of choice for this conversion project," says Timo Koponen, Vice President, Flow & Gas Solutions, Wärtsilä Marine Solutions.

"Having used Wärtsilä's systems for previous FSRUs, we are familiar with their expertise in this field and we did not hesitate in accepting their competitive bid and selecting their system for this FSRU conversion vessel," says Sveinung J.S. Støhle, CEO and President of Höegh LNG.

The Wärtsilä scope of supply for this project comprises the water glycol re-gasification module, the water glycol /seawater heaters and pumps. Delivery is scheduled for autumn 2017.

Wärtsilä has previously supplied eight re-gasification systems to Höegh LNG.

Link to more information on wartsila.com
Wärtsilä LNG Regasification

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Caption: Wärtsilä will supply the re-gasification system for an FSRU conversion project that Höegh LNG plans to carry out on a modern LNG vessel.

Media contacts:

Mr Reidar Strande
General Manager, LNG
Wärtsilä Marine Solutions
Tel: +47 9099 7454
reidar.strande@wartsila.com

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Marine Solutions
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund@wartsila.com

Wärtsilä in brief:
Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.
In 2015, Wärtsilä's net sales totalled EUR 5 billion with approximately 18,800 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com