The race is now on to become the first provider of a floating LNG solution that will deliver gas ashore for direct use in power generation.
In part, it is already happening. Malta is using the floating storage unit (FSU) Armada LNG Mediterrana to supply the 215-MW gas-fired Delimara power plant. But the regasification facilities are onshore.
For years developers have been chasing the ability to deploy floating power units to both remote areas that are not connected to the grid, or countries seeking to switch from burning polluting heavy fuel oil...
