Karpowership, a provider of floating energy solutions in Turkey, has completed its program to convert liquefied natural gas (LNG) tankers into floating storage and regasification units (FSRU) with the completion of the last tanker, LNGT Türkiye. This program was carried out at the Seatrium shipyard located in Singapore, where the naming and launching ceremony of the new vessel took place.
Details of the Tanker Conversion Program
The program to convert LNG tankers to FSRU, which began in 2018, includes seven tankers: LNGT Africa, LNGT Asia, LNGT Europe, LNGT Antarctica, LNGT Americas, LNGT Oceania, and LNGT Türkiye. These tankers will operate as part of Karpowership's LNG-to-power value chain and will help enhance energy security and access to the electricity grid across four continents.
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Technical Features and Collaborations
Karpowership, with 90 percent of FSU and FSRU conversions worldwide, has managed to handle complexities using deep engineering expertise and integrated capabilities at the yard, delivering reliable outcomes for its customers. Ersen Aynaoglu, CEO of the LNG Investments division at Karpowership, stated that this success is the result of strong collaboration with Seatrium and highlighted the company's ability to overcome technical and operational challenges.
The conversion of LNGT Türkiye is not only Karpowership's final project at Seatrium but also a symbol of the company's roots and the strong collaboration between the two parties. This vessel was noted as a sign of Karpowership's long-standing trust in Seatrium and the company's capabilities in managing complex projects.
Implications and Future Collaborations
Karpowership, with its fleet of 45 vessels and an installed capacity of over 8500 megawatts, continues to provide turnkey energy solutions as well as floating LNG solutions. The company is currently working to expand its collaborations beyond FSRU projects to address the growing global energy needs.
This year, Karpowership has launched a three-year project in Mexico that includes the deployment of a 250-megawatt power generation vessel and an LNG vessel. This project is designed to provide deliverable electricity in collaboration with CENACE and demonstrates Karpowership's commitment to delivering innovative solutions in the energy industry.
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