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Wednesday, March 4, 2020 

Mitsui OSK Lines (MOL) and Daewoo Shipbuilding and Marine Engineering (DSME) have jointly obtained Approval in Principle (AIP) from Bureau Veritas for the design of a new cold energy use regasification system, known as Cryo-Powered Regas, for Floating Storage and Regasification Units (FSRU).

MOL and DSME have been jointly developing the Cryo-Powered Regas system to enhance fuel efficiency and reduce CO2 emission of the FSRU.

For the Cryo-Powered Regas system, a cold power generation technology based on the Organic Rankine Cycle will be implemented in the FSRU regasification process.

TheCryo-Powered Regas system will enable use of LNG cold energy for power generation by adopting the Organic Rankine Cycle in the regasification process. The system is targeted to reduce the fuel gas consumption and CO2 emission for FSRU approximately 50% by recovering about 70% of the power consumption in the regasification process at maximum rated regasification flow rate.

The Organic Rankine Cycle system is said to be a proven technology that has been utilised in onshore LNG terminals for around 40 years. This will be the world's first use of the system for FSRU.

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