Molly Brown :: Soraya :: Petrocom :: Gas Concord
   
GAS CONCORD
Very Large Gas Carrier (VLGC) / LPG-FSO
   
   

The Gas Concord is a 57,000-dwt (80,000 cbm) VLGC which transports liquid propane and butane - collectively known as liquefied petroleum gas or LPG - on the spot market. The 224-m long Gas Concord was built in 1976 by Kawasaki Heavy Industries in Kobe, Japan. The tanker scored a year-high record for VLGC charters in 2005 when she was fixed at a rate of close to US$60 per ton.

In October 2005, Compass Energy was awarded a contract by ConocoPhillips Indonesia Inc. Ltd. to provide an LPG-FSO for the Belanak oil and gas development in West Natuna Block B, Indonesia.

Current Status:
Under the turnkey engineering, procurement and construction contract, Gas Concord has completed her conversion into an LPG-FSO at the ST Marine Shipyard and was delivered to the Belanak Field in Feb 2007. Thereafter, Compass Energy will proceed to operate the unit on behalf of ConocoPhillips. The Belanak LPG-FSO will be only one of a handful of ship-based LPG storage units in the world and the second FSO operated by Compass Energy in Indonesia.

For more details, please download our Gas Concord spec sheet (our Belanak LPG-FSO spec sheet will be available at a later date).

     
Site Map | Disclaimer | Copyright ©2005 Compass Energy