Offshore staff
OSLO, Norway – Crown LNG Holding has started development of an LNG reception terminal offshore Kakinada, eastern India.
The company, a specialist in infrastructure for LNG re-gasification and liquefaction, has focused on a technical solution that can operate in more severe weather conditions.
Subsidiary Crown LNG India has signed an agreement with East LNG to finance, construct, and lease the infrastructure for the offshore LNG terminal at Kakinada. Crown will also operate and manage the facility through the 25-year lease period.
The Kakinada project will feature a gravity-based structure on the seabed, 11 km (6.8 mi) offshore Kakinada, designed to withstand harsh weather during the Indian monsoon season.
“By choosing this approach, we enable a 365-day operating window without placing unnecessary environmental and safety burdens on the local community in and around Kakinada,” said Gunnar Knutsen, CEO of project services company Crown LNG.
The company is targeting a final investment decision for the end of 2022.
Crown LNG is also working on re-gasification terminals for other Asian locations that experience similar cyclones and monsoons to in the Bay of Bengal.
The company has also signed a letter of intent to provide a 5 MMt/yr floating, storage and re-gasification unit to a gas-to-power project in the UK.
06/09/2021
