Strategic alliance
TORP LNG AS with offices in Stavanger and Houston and STX Offshore & Shipbuilding based in Korea have entered into a strategic co-operation agreement whereby they will jointly market TORP’s proprietary HiLoad and EasyLNG solutions for offshore transfer of LNG and floating re-gasification.
TORP LNG AS has developed the HiLoad LNG Technology to receive and re-gasify liquefied natural gas (LNG) and to transfer LNG from an offshore LNG liquefaction plant to LNG carriers for transportation to world LNG markets. TORP is also the sole owner of the EasyLNG re-gasification technology which has been developed specifically to facilitate the receipt and re-gasification of LNG at locations with limited infrastructure.
The strategic alliance is formed to provide the rapidly growing world LNG market with TORP’s innovative and economically superior solutions delivered with first class workmanship and quality from STX renowned yards in Korea and China.