What Gas Entec does

GasEntec Co., Ltd. is a South Korea-based LNG infrastructure technology company founded in 2006 in Busan, operating as a subsidiary of holding company GasEntec Holdings, Inc. The company designs, engineers, and delivers modular and floating LNG terminal solutions—principally Floating Storage and Regasification Units (FSRUs), Floating Storage Units (FSUs), Floating Regasification Units (FRUs), and onshore LNG terminals—anchored by its patented RegasTainer™ plug-and-play regasification system (introduced 2019) and a Truckable RegasTainer™ variant. The technology stack also includes boil-off gas (BOG) management systems, re-liquefaction modules, cold/cryogenic technology, LNG cargo handling systems, and small-scale LNG carrier and bunkering vessel EPC packages. GasEntec claims 16+ completed projects, approximately 1,100 mmscfd of RegasTainer capacity deployed or on order, 99%+ uptime on floating assets, and 150+ highly credentialed professionals across offices in Busan (HQ), Seoul, Daejeon (R&D), and London.

Name

Gas Entec

Legal name

GasEntec Co., Ltd.

Website

https://gasentec.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

GasEntec designs, engineers, and delivers modular and floating LNG terminal solutions—including FSRUs, FSUs, FRUs, and onshore terminals—anchored by its proprietary RegasTainer™ system, serving sovereign governments, national utilities, and energy companies across 15+ countries.

Ownership category

akta.pro rank

Product category

LNG Infrastructure Engineering

NAICS

Pump and Compressor Manufacturing (33391), Pipeline Transportation of Natural Gas (48621)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

LNG Regasification Terminals (Onshore & FSRU) (EUALAFAB)

akta.pro secondary industries

LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Storage Tanks & Terminal Operations (EUAAACAG)

Keywords

• LNG regasification systems
• Modular LNG terminals
• FSRU conversion services
• Floating LNG infrastructure
• LNG carrier engineering

Headquarters

HQ city

Busan

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. LNG Infrastructure Design, Engineering & Delivery: GasEntec designs, engineers, and delivers complete LNG terminals including floating terminals (FSRUs, FSUs, FRUs), onshore terminals, and modular regasification systems. Revenue is generated through project-based EPC contracts, equipment supply, and commissioning services.
2. Proprietary Technology Licensing: GasEntec licenses its proprietary technology including RegasTainer patents and modular LNG solutions to clients implementing LNG infrastructure projects worldwide.
3. Operations & Maintenance (O&M) Services: Comprehensive O&M services for LNG terminals and floating infrastructure including preventive maintenance, inspection, technical support, and spare parts management to maximize vessel and terminal performance.
4. Small-Scale LNG Vessel EPC: End-to-end Engineering, Procurement, and Construction (EPC) packages for small-scale LNG carriers and bunkering vessels, designed with specialized cargo containment and gas supply systems.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

GasEntec designs, engineers, and delivers modular LNG infrastructure solutions, including the proprietary RegasTainer™ plug-and-play regasification system, Floating Storage Regasification Units (FSRUs), Floating Storage Units (FSUs), Floating Regasification Units (FRUs), onshore LNG terminals, and small-scale LNG carriers and bunker vessels. The company also provides Operations & Maintenance (O&M) services for delivered LNG assets and licenses its proprietary technology to clients implementing LNG infrastructure projects worldwide.

Product overview

GasEntec is a market-leading LNG technology company offering a unified platform of modular, mobile LNG infrastructure solutions spanning floating, onshore, and hybrid configurations. The core portfolio centers on the proprietary RegasTainer™ and Truckable RegasTainer™ modular regasification systems, complemented by FSRU/FSU/FRU conversion capabilities, LNG Cargo Handling Systems, and boil-off gas management technologies. Small-Scale and Large-Scale FSRU offerings provide scalable floating terminal solutions, while complete Onshore LNG Terminal delivery and Operation & Maintenance Services round out the end-to-end offering. The company also expanded in 2025 with a Green Methanol division for next-generation clean fuels. All products share a common thread of standardization, rapid deployment, and proprietary technology enabling faster, more cost-effective LNG infrastructure deployment globally.

Differentiator

Problem solved

Functional benefit

Products and services

• RegasTainer™ A compact, scalable, modular regasification solution designed for plug-and-play installation on LNG carriers, power ships, coastal plants, or jetties. Standard-sized box-shaped modules can be mounted on FSRUs, jetties, or onshore facilities, accelerating project timelines and delivering faster returns for floating and onshore LNG terminals.
• Truckable RegasTainer™ A revolutionary truckable regasification solution enabling LNG-to-NG conversion anywhere on land, with flexible compact modules that fit in a 40-foot container. Designed for rapid deployment, permanent or mobile use, easy O&M, support for multiple LNG sources, and customization to local conditions.
• Small-Scale FSRU (Floating Storage and Regasification Unit) Designed for smaller-scale projects, these units deliver high-efficiency regasification for regions where larger infrastructure may not be viable. Optimized for local demand with scalable capacity; supports the company's track record of world-first deployments including the first small-scale FRU in Bali (2013) and the first modular FSRU in West Africa.
• LNGC-to-FSRU/FSU/FRU Conversion Services Global leaders in converting LNG carriers into FSRUs, Floating Storage Units (FSUs), and Floating Regasification Units (FRUs). Services include longevity upgrades, repairs, equipment installation, and rigorous testing, with solutions optimized to meet site conditions and maximize operational lifespan. Includes the three FSRU conversions delivered for the Karpowership / Mitsui O.S.K. Lines JV (Senegal, Brazil, Mozambique) and the ADNOC LNG carrier converted into an FSU for the Philippines project.
• Onshore LNG Terminal Complete engineering, procurement, and commissioning of onshore LNG terminals tailored for import, storage, regasification, and distribution. Modular, scalable terminals designed for efficiency, safety, and minimal environmental footprint; includes the world's first modular onshore/offshore hybrid LNG terminal in the Philippines serving a 2.5GW power plant.
• Global-Scale LNG Terminals Comprehensive infrastructure solutions for large-scale LNG import terminals, including proprietary legged platform delivery systems for efficient LNG cargo handling and re-liquefaction technology for large-scale operations. Reference project: Jordan LNG terminal in Aqaba with 720 mmscfd send-out capacity and 2.4 mmtpa LNG processing capability.
• Small-Scale LNG Carriers & Bunker Vessels (EPC) End-to-end Engineering, Procurement, and Construction (EPC) packages for small-scale LNG carriers and LNG bunkering vessels, designed with specialized cargo containment and gas supply systems. Track record includes the Clean Jacksonville (2,200 CBM, first LNG bunkering barge in the U.S.) and Asia's largest LNG bunkering vessel.
• Operations & Maintenance (O&M) Services Comprehensive Operations & Maintenance services contracted separately from equipment delivery to maximize vessel and terminal performance, ensure cost predictability, and minimize downtime. Includes preventive maintenance, inspection, technical support, and spare parts management for delivered LNG terminals and floating infrastructure.

Quantifiable outcome

• Philippines LNG terminal deployed in 18 months vs. 30-month industry average, powering one-third of Luzon including Manila
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Eight partnerships are on record, tiered flagship, core and emerging.

• ELTON Logistics & ServicesflagshipStrategic or Co-development Partner · 16 April 2026GasEntec entered into contracts with ELTON Logistics & Services to deliver a jetty-based LNG regasification unit (JRU) and associated onshore LNG equipment for the Dakar LNG Terminal in Senegal. The terminal will become West Africa's flagship LNG import facility, supplying natural gas to a 300MW combined-cycle power plant and other industrial customers. Full operations targeted for H1 2027. ELTON is a wholly owned subsidiary of ELTON Oil Company, Senegal's leading fuel distribution company with 26 years of operations across West Africa.
• Karpowership (Joint Venture with Mitsui O.S.K. Lines)coreStrategic or Co-development PartnerGasEntec converted three LNG carriers into floating terminals (FSRUs) for a JV between Karpowership (the largest floating power company in the world) and Mitsui O.S.K. Lines. The FSRUs store between 125,000m3 and 145,000m3 of LNG and operate in Senegal, Brazil, and Mozambique, supplying vital fuel for floating power plants.
• PLN (Perum Listrik Negara)coreStrategic or Co-development PartnerIndonesia's state power company engaged GasEntec for multiple projects: two floating terminals in Bali (2016) supporting 200MW power plant with 99%+ uptime, and a 26,000m3 FSRU delivered in 2019. PLN rehired GasEntec to conduct FEED study for additional FSRUs across the Sulawesi archipelago, demonstrating strong repeat relationship.
• Mitsui O.S.K. LinescoreStrategic or Co-development PartnerJoint venture partner with Karpowership for FSRU conversion projects. GasEntec provided conversion technology for three LNG carriers into floating terminals under this JV structure, with FSRUs operating across Senegal, Brazil, and Mozambique.
• National Electric Power Company (NEPCO) / JordancoreStrategic or Co-development PartnerJordan's national electricity utility engaged GasEntec for global-scale LNG import terminal in Aqaba with 720 mmscfd send-out capacity and 2.4 mmtpa LNG processing capability. Project enhances Jordan's energy independence and security.
• Green Methanol Technology PartnersemergingTechnology or IntegrationIn 2025, GasEntec launched a dedicated Green Methanol division and opened a new R&D Center in Daejeon focused on next-generation clean fuel technologies, indicating partnerships for emerging fuel technology development.
• Conrad ShipyardcoreImplementation/ SI/ Consulting PartnerConrad Shipyard built the Clean Jacksonville, the first and only LNG bunkering barge in the U.S. GasEntec provided the design and engineering for all cargo, machinery, and electrical systems on this 2,200 CBM vessel operating in Jacksonville, Florida.
• ADNOC (Abu Dhabi National Oil Company)coreStrategic or Co-development PartnerADNOC LNG carrier was converted into an FSU as part of GasEntec's Philippines LNG terminal project. This represents a strategic partnership for LNG carrier conversion and floating storage solutions.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Höegh LNG: A global owner and operator of FSRUs and LNG carriers. Directly comparable as a pure-play FSRU competitor serving the same sovereign and utility customers seeking floating LNG import capacity.
• Excelerate Energy: One of the largest FSRU operators globally, providing floating regasification services to governments and utilities. Closely matches GasEntec's core FSRU deployment and operations business, though with a larger fleet.
• Golar LNG: Owner-operator of FLNG and FSRU assets, including the world's first FLNG vessel. Comparable as a provider of floating LNG infrastructure to sovereigns and utilities in emerging markets.
• BW LNG: Part of the BW Group, BW LNG operates a fleet of LNG carriers and FSRUs. Directly comparable as a competitor in floating LNG regasification and storage for the same emerging-market sovereign client base.
• New Fortress Energy: Develops and operates small-scale LNG infrastructure, including FSRUs and onshore terminals, primarily in the Caribbean, Latin America, and Africa. Comparable focus on rapid-deploy, modular LNG solutions for underserved markets.

Emerging players

• Stabilis Solutions: Provides small-scale LNG fueling, distribution, and regasification services in North America. Comparable in the modular, small-scale LNG space, though more regional in scope.

Broad incumbents

• Wärtsilä: A large marine and energy technology company offering LNG cargo handling, regasification, and storage systems. Comparable as a supplier of LNG terminal technology and EPC equipment, though across a much broader portfolio.
• MAN Energy Solutions: Provides LNG liquefaction and regasification technology, including compressor and cargo system solutions. Comparable as an LNG technology provider, though much larger and diversified across the LNG value chain.

Regional players

• Hanwha Ocean: Korean shipbuilder with strong LNG carrier construction capability and adjacent LNG technology offerings. Comparable as a Korean-headquartered provider of LNG marine infrastructure and a potential competitor or partner.
• Samsung Heavy Industries: Korean shipbuilder and offshore engineering company with LNG carrier and FSRU capabilities. Comparable as a Korean provider of LNG vessel and floating terminal infrastructure, and notably the former employer of GasEntec's current CEO.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gas Entec