{
  "id": 12431160,
  "title": "LR awards Approval in Principle to GasEntec for one of the industry’s highest-capacity FSRU concepts",
  "url": "https://urgent.news/2026/10/06/lr-awards-approval-in-principle-to-gasentec-for-one-of-the-industrys",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-06T17:00:53.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/lr-awards-approval-in-principle-to-gasentec-for-one-of-the-industrys-highest-capacity-fsru-concepts/"
  },
  "original_language": "en",
  "account": "Lloyd’s Register (LR) has granted Approval in Principle (AiP) to GasEntec for a liquefied natural gas (LNG) floating storage and regasification unit (FSRU) with exceptional capacity. This impressive FSRU can deliver up to one billion cubic feet of gas per day, according to LR’s thorough evaluation of the design’s technical and safety foundations. The presentation of this approval occurred during the Gastech 2026 conference in Bangkok.\n\nOne distinctive aspect of this innovative design lies in its versatile regasification system, which can function in open, closed, and combined-loop modes. This flexibility allows operators to adapt to various environmental conditions, regulatory requirements, and project needs, all while maintaining reliable gas delivery in diverse operating environments.\n\nThe FSRU concept revolves around a modular architecture that can be tailored to accommodate different capacities, pressures, and operational requirements. Upon completion, the design would rank among the world’s largest FSRUs by send-out capacity and stand out as one of the most adaptable options available. GasEntec plans to utilize its first LR AiP to propel the FSRU design toward execution, thereby supporting projects for FSRU owners and developers.\n\nJose Navarro, Global Gas Technology Director at Lloyd’s Register, emphasized the importance of such solutions for developers aiming to expedite LNG import capacity. He highlighted that operators require dependable technologies capable of performing reliably across various climates, weather conditions, and regulatory environments. According to Navarro, the proposed design successfully combines high send-out capacity with operational flexibility, addressing key challenges faced by future FSRU projects.\n\nSean Van der Post, Global Offshore Business Director at Lloyd’s Register, further elaborated on the significance of LNG supply security and flexibility. He stated that as nations strive for secure and adaptable routes to LNG supply, concepts like the one showcased by GasEntec exemplify how FSRU development is evolving. Van der Post pointed out the increasing emphasis on flexibility, adaptability, and long-term operational resilience in FSRU design. By conducting independent assessments of new designs at an early stage, Lloyd’s Register helps developers, investors, and operators gain confidence as they progress projects from concept to deployment.\n\nTG Kim, co-chief operating officer at GasEntec, expressed enthusiasm about the modular platform that the FSRU offers. Kim noted that the design can be configured for various capacities, pressures, and operating conditions, enabling efficient project-specific engineering and faster deployment. He concluded by stating that as global energy demand surges, driven by factors such as grid growth and AI data center power needs, the real constraint is not supply but the speed and reliability with which gas can be delivered to where it is needed.",
  "summary": "Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to GasEntec for a liquefied natural gas (LNG) floating storage and regasification unit (FSRU) capable of delivering up to one billion cubic feet of gas per day. The approval follows LR’s independent assessment of the design’s technical and safety fundamentals and was presented during Gastech 2026 ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}