MOL To Built LNG Carriers As Uniper Shift To Hydrogen Hub

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Japan’s shipping giant MOL has amended its order to build a large FSRU after its partner Uniper decided to develop a hydrogen hub instead of an LNG import terminal, says an article published in LNG Prime.

Daewoo Shipbuilding & Marine Engineering

Daewoo Shipbuilding & Marine Engineering will instead build an LNG carrier for almost half of the original price, according to a stock exchange filling on Friday.

The revised deal has a price tag of about 226 billion won ($202 million), compared to 410.6 billion won ($368 million) in the original order.

DSME said that it would receive compensation for the costs related to the construction of the FSRU if the investment decision falls through.

Uniper to built hydrogen hub

Uniper revealed that the firm’s plans for Wilhelmshaven now only include a hydrogen hub.This followed an announcement by Uniper in November saying it was re-evaluating plans to build its Wilhelmshaven FSRU project due to a lack of customer interest.

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Source: LNGPrime