Air Products’ LNG technology and equipment will be liquefying natural gas on a floating, liquefied natural gas (FLNG) production vessel 180 km (112 miles) off the coast of Sarawak of Malaysia’s Borneo island, and producing 1.2 million metric tons per year of LNG when the Petronas Floating LNG Project 1 (PFLNG 1) comes onstream in late 2015.
Air Products announced the signing of an equipment and process license agreement with Petronas Floating LNG 1 Ltd., a wholly owned subsidiary of Petronas.
Bill Kennington, major account manager, LNG, with Air Products, said, “This FLNG project is very important for Malaysia by unlocking and enabling economic development and commercialization of significant gas reserves from locations where the resource was essentially stranded.”
PFLNG 1, to be located off the coast of Bintulu, Sarawak, Malaysia, will use Air Products’ AP-N LNG process and equipment. This proprietary equipment includes coil-wound heat exchangers to be built in Wilkes-Barre, Pa.; compressor-expanders to be assembled in Fogelsville, Pa.; and economizer cold boxes to be built in Tanjung Langsat, Malaysia. The proprietary equipment will be shipped from these three Air Products manufacturing facilities for assembly into modules and then installed on the PFLNG 1 vessel.
Recommended Reading
Analyst Questions Kimmeridge’s Character, Ben Dell Responds
2024-05-02 - The analyst said that “they don’t seem to be particularly good actors.” Ben Dell, Kimmeridge Energy Partners managing partner, told Hart Energy that “our reputation is unparalleled.”
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
2024-05-02 - Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
Zeta Energy Appoints Michael Everett as COO
2024-05-02 - Prior to joining Zeta Energy, a lithium-sulfur battery developer, Michael Everett previously served as president and COO at Advanced Battery Concepts.
Shell Launches $3.5 Billion Share Buyback Program
2024-05-02 - Shell, which posted first-quarter adjusted earnings of $7.7 billion, will cancel all of the shares it buys.
Supply Disruptions Ahead as Canadian Rail Workers Vote for Strike
2024-05-01 - The union, representing more than 9,000 employees at Canadian National Railway and Canadian Pacific Kansas City, announced that 95% of its members approved of a strike, which could happen as early as May 22.