Crown LNG Holdings Ltd. has selected IKM Engineering & Environmental Consultants as its partner for the design and engineering of its planned 100% owned Grangemouth project, a floating LNG import terminal to be sited in the Firth of Forth, Scotland.
The company is working toward a late 2024 final investment decision (FID) for the project, which is aimed at increasing the UK’s energy security through enhanced access to natural gas supplies, the company said in a release July 25.
Currently, the UK relies on three facilities for all of the country’s LNG imports, which increased 74% from 2021 to 2022, the company continued.
IKM’s mandate will include the pre- front end engineering and design (FEED) and FEED phases, including project management and execution planning. Specific services to be provided include consenting, overall process design, facility layout optimization, detailed engineering, and procurement support.
A site study for location of the import terminal and LNG vessel access has been completed, and Crown will progress immediately with the consenting process with the Scottish and UK Governments. Existing power grid and gas grid access is available within 10 miles of the proposed site location. Crown will employ floating storage and regasification unit (FSRU) technology for the project.
