• Natural Gas News

    Samsung starts up Korean LNG tech plant

Summary

The facility would develop and test core technologies for the LNG value chain, Samsung Heavy said.

by: Shardul Sharma

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Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), News By Country, South Korea

Samsung starts up Korean LNG tech plant

South Korean shipbuilding firm Samsung Heavy Industries has completed an LNG technology testing facility at Geoje shipyard, it said on May 12.

A ceremony to mark the formal commissioning was attended by Kogas, Celsius Shipping, Maran Gas Maritime, ENI and classification societies ABS, BV, DNV, KR, and LR. Samsung Heavy said that this is the only R&D facility for LNG in the shipbuilding and offshore industry. It will develop and test core technologies for the LNG value chain from natural gas production, transportation, and storage to supply.

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The completion of the LNG test facility is expected to support the advancement of technologies such as natural gas liquefaction and reliquefaction, gas engine and fuelling system, cryogenic insulation storage container, regasification and cold power generation and localisation of LNG-related equipment as well, the company added.

Meanwhile, Samsung said that this year it has won multiple deals to build LNG-fuelled vessels.