ABS approves Wison floating gas to methanol vessel design

China’s Wison Offshore & Marine has received an approval in principle from the American Bureau of Shipping (ABS) for its latest floating natural gas to methanol (FGTM) vessel.

FGTM design; Source: Wison

Wison said that the fully integrated gas-to-methanol system could eliminate heavy upfront capital expenditure during offshore LNG production.

With the topside design being done by Wison Engineering (WEL), the floating methanol facility has a combination of both Wison Offshore & Marine and Wison Engineering technical experience.

The FGTM can be deployed to offshore gas fields with an annual capacity of 1.8 million tons of methanol and offers a storage capacity of up to 200,000 m3.

The company added that the launch of Wison’s FGTM design represented a successful collaboration between Wison and ABS.

Yang Guangli, ABS China general manager for business development, said: “As demand for different types of liquefied gases increases rapidly, the concept of the floating natural gas to methanol plant will provide a new solution for liquefied gas conversion and production to the market.

“Awarding Wison Offshore & Marine this AIP is another example of ABS’s commitment to supporting industry efforts to deliver a more sustainable energy consumption landscape.”

Weimin Chen, general manager of the engineering center at Wison Offshore & Marine, added: “This also highlights the combined efforts of Wison Offshore & Marine and Wison Engineering to not only develop a new solution for the monetization of natural gas resources but also provide our clients with an integrated engineering service.”

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