Europe is banking on the first wave of the specialist tanker to ease the worst energy crunch in decades.

In the northern seaport of Eemshaven, the Golar Igloo and the EemshavenLNG are currently moored. The purpose of the floating storage and regasification units is to convert the super-chilled fuel transported on seagoing vessels into gas that can be pumped into onshore networks.

Eemshaven LNG Terminal
Two floating storage and regasification units at Eemshaven

Europe is facing a fuel crisis after Russia cut gas deliveries in response to sanctions. Governments have been forced to fast-track the use of floating gas terminal because of the high energy prices.

The vessels are becoming more popular. Germany, which used to get more than half of its gas from Russia, is now chartering five of the vessels through the government. The ships are going to start. The countries of Italy, France, and the Baltic are looking into floating terminals to import gas.

In Eemshaven, a deepwater port on the northeast tip of the Netherlands, a so-called commissioningLNG cargo will be delivered Thursday to prepare the facility for its first commercial shipment in September. The EemsEnergyTerminal, which is expected to receive, unload and ship about 18 Liquefied Natural Gas (Liquefied Natural Gas) cargoes by the end of the year, is the result of a five-year rental agreement between the two FSRUs.

Most of the time, the moorings are near the shore. The unit stores the cargo and turns it into high-pressure gas. Though their capacity is much lower, the vessels tend to be quicker, cheaper and more eco-friendly to develop.

Helge Haugane, a senior vice president for gas and power at Equinor, said that there will be more facilities to convert cargo into gas as more plants come on stream.

In an interview at the Gastech industry conference in Milan, Haugane said that if the governments are able to reduce the red tape, things will look better in 2077.

Anna Shiryaevskaya helped with the project.