American Bureau of Shipping (ABS) News Press Room ABS to Class FSRU for Turkey’s O&G Distributor

Press Release

For Immediate Release
Jul 16, 2018

ABS to Class FSRU for Turkey’s Oil and Gas Distributor

ABS expands footprint in Turkey LNG market with new FSRU contract

(Houston) ABS was selected to class a floating storage and regasification unit (FSRU) for BOTAS, Turkey’s oil and gas pipeline operator.

“As demand for gas has increased over the last decade, the supply chain has had to adapt and figure out new ways of getting gas to expanding markets,” said ABS Senior Vice President and Chief Business Development Officer, Jamie Smith. “FSRUs, like this one for Turkey, are providing gas distributors and suppliers an efficient and effective solution for getting their product to consumers.”

Planned to be built at Korea’s Hyundai Heavy Industries shipyard, the FSRU will have a 170,000 cubic meter storage capacity and a 1,000 MMSCFD LNG discharge capacity.  The FSRU will be jetty moored off the coast of Turkey and operated by Mitsui O.S.K. Lines (MOL). The unit will be classed using the ABS Guide for Building and Classing LNG Regasification Vessels.

 “We are excited to work with all of the stakeholders in advancing safety throughout the development of this project,” said ABS Manager for Turkey, Seyfettin Tatli. “This FSRU will help BOTAS expand Turkey’s energy infrastructure and reduce dependency on pipeline gas, allowing them to deliver LNG more efficiently and cost effectively.”

Recognizing the changing landscape and increased industry focus on gas, ABS launched its Global Gas Solutions team in 2013 to support industry in developing gas-related projects. The ABS Global Gas Solutions team provides industry leadership, offering guidance in liquefied natural gas (LNG) floating structures and systems, gas fuel systems and equipment, gas carriers, and regulatory and statutory requirements.  ABS has extensive experience with the full scope of gas-related assets and has been the classification society of choice for some of the most advanced gas carriers in service.

About ABS

ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.