The present invention provides a power and regasification system based on liquefied natural gas (LNG), comprising a vaporizer by which liquid working fluid is vaporized, said liquid working fluid being LNG or a working fluid liquefied by means of LNG; a turbine for expanding the vaporized working fluid and producing power; heat exchanger means to which expanded working fluid vapor is supplied, said heat exchanger means also being supplied with LNG for receiving heat from said expanded fluid vapor, whereby the temperature of the LNG increases as it flows through the heat exchanger means; a conduit through which said working fluid is circulated from at least the inlet of said vaporizer to the outlet of said heat exchanger means; and a line for transmitting regasified LNG.