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GLNG                                        NEWS IN BRIEF                                             GLNG








                                                                                commercial requirements of the project, Hill
                                                                                is leading a team formed with Bureau Veritas
                                                                                Maritime & Offshore Solutions and reputable
                                                                                engineering firms Tractebel and Gazocean.
                                                                                HILL INTERNATIONAL, July 31, 2020
                                                                                Nikkiso Cryogenic

                                                                                Industries Group expands in

                                                                                Russia and wins project for

       Financial Leasing and institutional investors   managing construction risk, announced   LNG liquefaction terminal
       advised by JP Morgan Asset Management.  today that it was selected by the Natural
         The state-of-the-art 174,000 cbm LNG   Gas Infrastructure Company of Cyprus   Nikkiso Cryogenic Industries’ Clean Energy
       ships will be built by Hyundai Heavy   (ETYFA) to lead an international consortium   & Industrial Gases Group, a subsidiary
       Industries and Hyundai Samho Heavy   and provide owner’s engineer services in   of Nikkiso Co., (Japan), announces the
       Industries. They will all be equipped with   connection with the Cyprus liquefied natural   establishment of their new office in Moscow,
       efficient dual-fuel X-DF engines, boil-off   gas (LNG) import terminal project, the   Russia, managed by Ayman Zeitoun, vice
       management plants, air lubrication systems   nation’s largest and most anticipated energy   president, Russia. The facility will allow us to
       and shaft generators for auxiliary power.   project.                     support LNG and petrochemical customers in
       The design and addition of energy efficiency   With a budget of over EUR289mn   the Russian market, as well as CIS countries.
       technologies will give these ships the best   ($336mn) and an implementation timeframe   The group received a contract to supply all
       emissions performance in their class.  of 24 months, the project will be constructed   the cryogenic pumps in a major liquefaction
         “These ships will deliver a 60% reduction   at Vasilikos Bay on the southern coast of   terminal under construction. A major
       in carbon emissions compared to 2004   Cyprus. It represents the beginning of a new   portion of these pumps will be designed and
       steam turbine LNG carriers,” said Grahaeme   energy era for Cyprus, bringing to fruition   engineered at our Higashimurayama, Tokyo
       Henderson, Head of Shell Shipping &   years of the nation’s efforts to end energy   plant, and assembled and tested in Nikkiso’s
       Maritime. “Shell’s ambition is to be a net-zero   isolation, ensure diversification of energy   new factory in Miyazaki City, Japan. The
       emissions energy business by 2050 or sooner   sources, strengthen the security of supply,   remainder of the pumps will be provided by
       and highly efficient ships like these are one of   reduce the cost of energy, and protect the   ACD Cryo, Germany.
       the ways that we are reducing emissions in our  environment.               For the first time, Nikkiso has been able
       operations. As we work together to develop   The project’s main components include: a   to provide all of the Cryogenic pumps for a
       new zero-carbon fuels at scale, we believe that   former LNG carrier with a storage capacity of   project this size. That has been possible as a
       LNG can play a fundamental role in providing   136,000 cubic metres that will be converted   result of the newly built factory in Miyazaki,
       a cleaner supply chain right now for the goods   to a floating storage and regasification unit   Japan, which is allowing the Group to further
       and energy that are shipped around the world   (FSRU) in China; construction of a jetty   diversify our product and manufacturing
       every day.”                         and a jetty-borne gas pipeline; construction   facilities outside of the US, and to better meet
         The ships will be integrated into Shell’s   of an onshore gas pipeline and associated   the global needs of our customers. This also
       time-chartered trading fleet and staggered   infrastructure. After the LNG carrier is   allows us to localise our cryogenic pumps in
       delivery is expected to take place from mid-  converted to an FSRU, the vessel will be   Russia and meet future local requirements.
       2023. Shell announced the long-term charter   equipped with a state-of-the-art regasification   “We are excited for this opportunity and
       of eight ships of the same class in December   modular unit. The completed terminal will be   the potential to grow our business in Russia.
       2019.                               capable of receiving LNG from LNG carriers   While this is the first order for our Miyazaki
       ROYAL DUTCH SHELL, August 03, 2020  ranging in size from 120,000 to 217,000 cubic   factory, with it, we look forward to being able
                                           metres.                              to grow our presence and provide expanded
                                              Following an international tender,   solutions throughout the global market,”
       EUROPE                              ETYFA have entered into an agreement   according to Peter Wagner, CEO of Cryogenic
                                           with the joint venture of China Petroleum   Industries and president of the group.
       Hill International selected         Pipeline Engineering, Metron, Hudong-  2022 and will run for several years. The group
                                                                                  The project is scheduled to begin in late
                                           Zhonghua Shipbuilding, and Wilhelmsen
       to provide owner’s engineer         Ship Management to engineer, procure,   has a long and productive relationship with
                                                                                the client.
                                           construct, manage, and operate the project.
       services for the Cyprus LNG         Hill, as owner’s engineer, will oversee the   NIKKISO CRYOGENIC INDUSTRIES, August 05,
                                           implementation of the project by carrying
                                                                                2020
       import terminal project             out design reviews and supervising the works
                                           at the shipyard in China and at the Vasilikos
       Hill International, the global leader in   site in Cyprus. Given the technical and








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