FSRU Independence
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FSRU Independence
FSRU ''Independence'', delivered in March 2014 is a LNG carrier designed as a floating LNG storage and regasification unit (FSRU) chartered by KN to be used as a LNG import terminal in Lithuania. The vessel can store of natural gas and can supply all of Lithuania's need for natural gas. The vessel started operating in the autumn of 2014. It provides some diversification of Lithuanian gas imports away from Russia. Built by Hyundai in South Korea, it arrived at Klaipėda on 27 October 2014, after a five-month cruise. Current charterer KN has made a decision to purchase the FSRU from its owner Leif Höegh & Co no later than December 2024 which marks the end of 10-year term lease agreement executed between the parties. External links"At Anchor Off Lithuania, Its Own Energy Supply" article in ''The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 ...
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Leif Höegh & Co
Leif Höegh & Co is a shipping company founded in 1927 by Norwegian Leif Høegh (1896-1974). Since 2006 the company has been structured as two separate entities, Höegh Autoliners and Höegh LNG, with Leif Höegh & Co acting as a common holding company. Höegh LNG Höegh LNG is active in the liquefied natural gas industry including LNG carriers. As of January 2015, it is 44.6% owned by Leif Höegh. The largest investors are Allianz, Fairview Capital and Nordea. The Baupost Group announced that it controlled 5.26% of shares for its clients. Höegh Autoliners Höegh Autoliners operates pure car/truck carrier (PCTC) vessels, and its main business is the maritime transport and distribution of cargo such as automobiles, trucks, trailers, Mafi roll trailers, heavy construction machinery and further types of rolling freight. In 1970 a joint venture in between Höegh and Ugland Auto Liners (HUAL) was formed to develop a new leading RORO operator. In the beginning, some passenger sh ...
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Lithuania
Lithuania (; lt, Lietuva ), officially the Republic of Lithuania ( lt, Lietuvos Respublika, links=no ), is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea. Lithuania shares land borders with Latvia to the north, Belarus to the east and south, Poland to the south, and Russia to the southwest. It has a Maritime boundary, maritime border with Sweden to the west on the Baltic Sea. Lithuania covers an area of , with a population of 2.8 million. Its capital and largest city is Vilnius; other major cities are Kaunas and Klaipėda. Lithuanians belong to the ethno-linguistic group of the Balts and speak Lithuanian language, Lithuanian, one of only a few living Baltic languages. For millennia the southeastern shores of the Baltic Sea were inhabited by various Balts, Baltic tribes. In the 1230s, Lithuanian lands were united by Mindaugas, Monarchy of Lithuania, becoming king and founding the Kingdom of Lithuania ...
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Floating Liquefied Natural Gas Terminals
Floating may refer to: * a type of dental work performed on horse teeth * use of an isolation tank * the guitar-playing technique where chords are sustained rather than scratched * ''Floating'' (play), by Hugh Hughes * Floating (psychological phenomenon), slipping into altered states * Floating exchange rate, a market-valued currency * Floating voltage, and floating ground, a voltage or ground in an electric circuit that is not connected to the Earth or another reference voltage * Floating point, a representation in computing of rational numbers most commonly associated with the IEEE 754 standard * ''Floating'' (film), a 1997 American drama film Albums and songs * ''Floating'' (Eloy album) (1974) * ''Floating'' (Ketil Bjørnstad album) (2005) * ''Floating'' (EP), a 1991 EP by Bill Callahan * "Floating" (The Moody Blues song) (1969) * "Floating" (Megan Rochell song) (2006) * "Floating" (Jape song) (2004) * "Floating", a song by Jolin Tsai from the 2000 album '' Don't Stop ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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FSRU Independence In The Port Of Klaipėda, Lithuania
Regasification is a process of converting liquefied natural gas (LNG) at −162 °C (−260 °F) temperature back to natural gas at atmospheric temperature. LNG gasification plants can be located on land as well as on floating barges, i.e. a Floating Storage and Regasification Unit (FSRU). Floating barge mounted plants have the advantage that they can be towed to new offshore locations for better usage in response to changes in the business environment. In a conventional regasification plantRU, LNG is heated by sea water to convert it to natural gas / methane gas. Byproducts In addition to regasification, many valuable industrial byproducts can be produced using cold energy of LNG. Cold energy of LNG utilisation, for extracting liquid oxygen and nitrogen gas from air, makes LNG-regasification plants more viable when they are located near integrated steel plants and/or urea plants. Cold energy of LNG usage in lieu of massive and energy intensive cryogenic refrigeration units in n ...
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Klaipėda
Klaipėda (; ; german: Memel; pl, Kłajpeda; russian: Клайпеда; sgs, Klaipieda) is a city in Lithuania on the Baltic Sea coast. The capital of the eponymous county, it is the third largest city and the only major seaport in Lithuania. The city has a complex recorded history, partially due to the combined regional importance of the usually ice-free Port of Klaipėda at the mouth of the river . Located in the region of Lithuania Minor, at various times, it was a part of the Polish–Lithuanian Commonwealth, Prussia and Germany until the 1919 Treaty of Versailles. As a result of the 1923 Klaipėda Revolt it was annexed by Lithuania and has remained with Lithuania to this day, except between 1939 and 1945 when it was occupied by Germany following the 1939 German ultimatum to Lithuania. The population has migrated from the city to its suburbs and hinterland. The number of inhabitants of Klaipėda city shrank from 202,929 in 1989 to 162,360 in 2011, but the urban zone ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Klaipėda LNG FSRU
Klaipėda (; ; german: Memel; pl, Kłajpeda; russian: Клайпеда; sgs, Klaipieda) is a city in Lithuania on the Baltic Sea coast. The capital of the Klaipėda County, eponymous county, it is List of cities in Lithuania, the third largest city and the only major seaport in Lithuania. The city has a complex recorded history, partially due to the combined regional importance of the usually ice-free Port of Klaipėda at the mouth of the river . Located in the region of Lithuania Minor, at various times, it was a part of the Polish–Lithuanian Commonwealth, Kingdom of Prussia, Prussia and Germany until the 1919 Treaty of Versailles. As a result of the 1923 Klaipėda Revolt it was annexed by Lithuania and has remained with Lithuania to this day, except between 1939 and 1945 when it was German occupation of Lithuania during World War II, occupied by Germany following the 1939 German ultimatum to Lithuania. The population has migrated from the city to its suburbs and hinterland ...
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Oslo
Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of in 2019, and the metropolitan area had an estimated population of in 2021. During the Viking Age the area was part of Viken. Oslo was founded as a city at the end of the Viking Age in 1040 under the name Ánslo, and established as a ''kaupstad'' or trading place in 1048 by Harald Hardrada. The city was elevated to a bishopric in 1070 and a capital under Haakon V of Norway around 1300. Personal unions with Denmark from 1397 to 1523 and again from 1536 to 1814 reduced its influence. After being destroyed by a fire in 1624, during the reign of King Christian IV, a new city was built closer to Akershus Fortress and named Christiania in honour of the king. It became a municipality ('' formannskapsdistrikt'') on 1 January 1838. The city fu ...
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Floating Production Storage And Offloading
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker (like the '' Seawise Giant'') or can be a vessel built specially for the application. A vessel used only to store oil (without processing it) is referred to as a floating storage and offloading (FSO) vessel. The first of a related type, floating liquefied natural gas vessels, went into service in 2016. Types FPSOs are classified into the following types. * ...
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