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Kinetics has reached a milestone in the expansion of its floating LNG infrastructure portfolio with the commencement of construction of the LNGT Karadeniz, its first high-capacity Floating Storage and Regasification Unit (FSRU).
Officially launched with a steel-cutting ceremony at the Seatrium Tuas Boulevard shipyard in Singapore, the vessel will offer a regasification capacity of up to 600 million standard cubic feet per day (mmscfd).
Designed with low, medium, and high-pressure supply systems, the LNGT Karadeniz plant will enable Kinetics to serve a wider range of LNG import projects and gas distribution networks.
As the first in a planned series of state-of-the-art FSRUs, the LNGT Karadeniz will further strengthen Kinetics' floating LNG portfolio. The vessel will incorporate a high-capacity regasification module, an extended mooring system, LNG transfer and cargo handling systems, auxiliary services, electrical distribution, and advanced automation and control technologies, creating a fully integrated floating terminal designed to meet the highest operational and safety standards.
"LNGT Karadeniz represents a significant milestone in Kinetics' growth and our long-term vision for floating LNG infrastructure," stated Mehmet Katmer, CEO of Kinetics.
The executive specified that "by expanding our fleet with state-of-the-art Floating Storage and Regasification Units (FSRUs), we strengthen our ability to help countries enhance their energy security while supporting the transition to low-carbon energy systems. This project significantly expands our capacity to offer larger and more versatile LNG import solutions to customers worldwide. We are pleased to continue our collaboration with Seatrium, a trusted partner with whom we have successfully completed numerous projects."
Kinetics, an initiative of Karpowership, focuses on the development of state-of-the-art floating energy infrastructure that complements the group's integrated energy offering.
Its portfolio includes Floating Storage and Regasification Units (FSRU), Floating Storage Units (FSU), Battery Energy Storage Systems (BESS), and other flexible energy platforms.

