Financial Wire

Exmar Begins Work on New FSRU to Boost EemsEnergyTerminal Capacity

-- Exmar said Wednesday it has started conversion works for a new Floating Storage Regasification Unit to support the expansion of the EemsEnergyTerminal.

The move follows a conditional agreement covering both the extension of the existing Eemshaven LNG FSRU and the addition of a newly converted unit.

The project is tied to EemsEnergyTerminal's plan to take a final investment decision in the first half of 2026.

Exmar said it has secured a dual-fuel diesel-electric LNG carrier for conversion and has begun related engineering work.

The company also ordered a regasification system with a capacity of about 750 million standard cubic feet per day from Gas Solutions, the company added.

The upgraded terminal is expected to operate with two FSRUs, including the existing Eemshaven LNG unit alongside the converted vessel.

Once completed, the facility is projected to reach around 190,000 cubic meters of LNG storage and a total regasification capacity of about 1,350 million standard cubic feet per day.

Exmar's CEO Carl-Antoine Saverys said, "Exmar and EemsEnergyTerminal continue to work towards an improved LNG import solution for Europe's energy security. This project reinforces Exmar's unique experience in floating LNG infrastructure."

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