Steel cut for Cedar’s FLNG in South Korea

The topside steel-cutting ceremony for the FLNG (SN2688) took place at the Samsung Heavy shipyard on May 28, according to Cedar LNG.

Cedar LNG recently said that the Haisla Nation has chosen “megúgu” as the name for the floating LNG facility.

While design of the entire floating LNG system continues, certain elements of the vessel can be fabricated, Cedar LNG said.

Once complete, the vessel will be transported from South Korea to the Cedar LNG site in Haisla traditional territory.

Cedar LNG said the FLNG is anticipated to be complete in 2028, prior to Cedar LNG’s estimated in-service date of late 2028.

In June 2024, Pembina and the Haisla Nation took the final investment decision on the $4 billion LNG project.

The Haisla Nation has a 50.1 percent stake and Pembina owns 49.9 percent in the project, which includes the construction of a floating LNG facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa).

Cedar LNG issued a notice to proceed to Samsung Heavy and Black & Veatch for its FLNG following the finalization of long-term commercial offtake agreements.

Samsung Heavy is responsible for the hull of the FLNG and topside plant processes, while Black & Veatch will provide its PRICO technology.