An IQuay Regas System with an IQuay C-Class making the FLNG connection
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Two Pre-FEEDs secured for the IQuay Regas Terminal

By
Magnus Eikens
and
Brage Ragnar Hall
Nov 3, 2025
minutes read time

ECOnnect Energy is pleased to announce significant progress in the development of the IQuay Regas Terminal, having recently secured two pre-FEED contracts for the fast-track modular regasification (regas) solution. The IQuay Regas Terminal consists of a Floating Storage Unit (FSU), a modular floating regas platform (the R-Class), ship mooring and subsea or floating pipelines to shore for transfer of high-pressure gas. These two milestones underscore the growing market interest in fast, floating, and flexible alternatives to traditional regasification infrastructure.

Two fast-track Projects in Parallel

One of the awarded studies addresses a market facing mounting pressure to secure gas supply quickly. In this context, the IQuay Regas Terminal offers a decisive advantage: its ability to be deployed in under 20 months, bypassing the long lead times and availability constraints of traditional solutions. The design also accounts for demanding offshore conditions, incorporating advanced mooring and safety systems to ensure reliability in a challenging marine environment. This combination of speed, adaptability, and resilience makes it an ideal fit for a region where energy security cannot wait.

The second pre-FEED study focuses on a site with more benign marine conditions but strict permitting boundaries and an ambitious timeline for first gas. Here, the IQuay Regas Terminal’s floating, modular configuration minimizes onshore footprint and civil works, enabling compliance with existing concessions while accelerating project execution. Its compatibility with an FSU, without major modifications, further reduces capital costs and technical risk. Coupled with scalable regas capacity and established supplier partnerships, the solution positions the project to deliver reliable LNG imports on schedule and within regulatory constraints.

Fast-Tracking Floating Regasification

Global regasification capacity currently falls short of demand. Limited specialized shipyard availability leads to long lead times for new Floating Storage Regasification Units (FSRUs), while converting FSUs remains costly. Many projects also have gas supply requirements too small to justify conventional terminal solutions. As a result, project developers are turning to ECOnnect Energy for fast-track floating and modular regasification systems. The IQuay Regas Terminal offers two key advantages: rapid availability and economic viability for small to mid-scale projects. It enables facilities that would otherwise be unfeasible due to the time or cost associated with full-sized FSRUs or converted FSUs

A Holistic and Sustainable Approach

The IQuay Regas Terminal offers a complete floating regasification package, integrating a Floating Storage Unit (FSU), with low-impact and modular regasification and offshore transfer capabilities, based on ECOnnect’s proven and patented technology portfolio. Designed with a focus on sensitive marine environments, the system maintains an environmental footprint lower than its alternatives while ensuring robust performance and operational reliability.  

Its modularity allows for future reconfiguration to accommodate renewable energy integration or carbon capture and storage (CCS) capabilities. The system can also be scaled up to meet changing capacity needs over its lifetime.

Overview of a possible configuration of the IQuay Regas Terminal

Designed for Real-World Needs

The IQuay Regas Terminal is developed for regions where infrastructure must balance operational requirements with environmental responsibility. Unlike traditional facilities, the IQuay system is fully floating, which means most infrastructure remains offshore. This approach reduces the environmental footprint, even when seabed piping is required for gas transfer. The system is designed to operate reliably in sensitive marine environments, ensuring both stability and efficient transfer of gas to onshore facilities.  

Flexible Configurations

Our technology portfolio supports several configurations to meet different project needs. One possible configuration introduces the IQuay C-Class system between the LNG carrier and the FSU, which enables frequent ship-to-ship transfers and adds further flexibility.  

A large ship in the waterAI-generated content may be incorrect.

The IQuay C-Class system in operation, demonstrating proven semi-submersible technology.

Building on Proven Technology: C-Class and R-Class

Both the C-Class and R-Class platforms are semi-submersible and designed to withstand challenging marine conditions. The R-Class builds directly on the C-Class technology. In simple terms, the R-Class is created by adding regasification capabilities to the proven C-Class platform. This evolution ensures reliability and leverages technology that has already demonstrated its effectiveness in real-world operations.

Last updated:
Nov 6, 2025

Pioneering Low-Impact Energy Infrastructure

The IQuay Regas Terminal reflects ECOnnect Energy’s dedication to delivering efficient, sustainable, and future-proof energy solutions. By reducing environmental and logistical challenges typically associated with regasification facilities, the IQuay Regas Terminal supports the global energy transition.

“These studies highlight the value and flexibility of the IQuay solutions in addressing key industry challenges,” says Morten Christophersen, CEO of ECOnnect Energy. “We are excited to collaborate with our clients on exploring how the IQuay Regas Terminal can drive both sustainability and operational excellence.”

Magnus Eikens

About

Magnus Eikens

Chief Commercial Officer
Brage Ragnar Hall

About

Brage Ragnar Hall

Marketing & Business Development

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