Malaysia's Petroliam Nasional Berhad (Petronas) reported Monday that it has launched the hull of its first floating liquefied natural gas (PFLNG 1) facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea.
The facility, targeted for completion in the fourth quarter of 2015, will be the world’s first floating LNG facility in operation. The launch took place April 5, with the 1,197-foot (365-meter)-long hull floated out at a dock and launched to anchor at a quayside of DSME shipyard where the facility is being constructed.
"This phase marks another milestone in the development of the facility and signifies the near-completion of hull construction works, less than 10 months since the cutting of the first steel in June 2013," Petronas said in a company release.
“It is an impressive achievement that we launch the hull within a short time frame following the keel laying process that began Jan. 6 ... Petronas is currently working closely with its strategic partners, Technip and Daewoo Shipbuilding & Marine Engineering to ensure that the project is delivered safely, in accordance to project specification and quality, within cost and on schedule,” Petronas' Vice-President and Venture Director of LNG Projects (Domestic), Gas & Power Business Abdullah Karim said in the press statement.
The PFLNG1 vessel, also known as PFLNG SATU, will be moored in Kanowit gas field, 111 miles (180 kilometers) offshore Sarawak, Malaysia and will produce 1.2 million tons of LNG per year.
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