LNG floating storage regasification unit

The world’s biggest coal port moves forward with US$500 million plans to import LNG into Australia… which is the world’s biggest LNG export nation.

Brisbane, Australia-based construction company Watpac has been contracted to provide design, engineering and construction services to EPIK, a South Korean liquefied natural gas (LNG) developer for the construction and placement of a floating storage regasification unit (FSRU) at the Port of Newcastle in New South Wales, Australia. Watpac is a subsidiary of Belgian multi-disciplinary engineering company, Besix.