- New Technology Meets Needs of Small-Scale, Remote Locations
- Produces 50-150 K/Tons per Year of LNG
- Supports Growing Global Demand for LNG, a Cleaner Fuel Option
FLORENCE, ITALY-January 30, 2012-GE Oil & Gas (NYSE: GE)
today announced the development of a Micro LNG integrated
plant that meets the small-scale liquefied natural gas (LNG)
requirements of powering remote industrial and residential
locations and fueling motor vehicles. The product
introduction was among the opening day highlights of the 2012
GE Oil & Gas Annual Meeting in Florence.
GE's Micro LNG plant produces in the range of 20 to 150
k/tons per year of LNG. The biggest difference between
traditional large plants, which produce in excess of 1
million tons per year, and Micro LNG is the end user the
product is destined for. For the large LNG plant, the product
is produced for international export, where plant economy of
scale is among the most important factors. In Micro LNG, the
distributed production is primarily aimed at local markets,
where it is re-gasified and fed as pipeline natural gas or
used for local power generation.
GE's Micro LNG plants are simple to install, operate and
maintain and are customized to meet specific customer and
site requirements.
"GE Oil & Gas is a recognized leader in all segments of the
oil and gas industry, with a strong focus on LNG," said
Andrew Way, vice president of global services for GE Oil &
Gas. "Over the years, we have developed complex, large-scale
turbocompression machinery required for LNG applications. By
leveraging our proven expertise, we now have developed a
specific solution to address smaller-scale requirements."
Typically, the equipment GE will supply directly for the
Micro LNG plants will include centrifugal and integrally gear
compressors and companders, turboexpander compressors,
reciprocating compressors and controllers, providing
real-time connectivity and integration to greatly simplify
production processes.
In addition to the process design, turbomachinery equipment
and control, the Micro LNG system includes one of the first
applications of the Waukesha gas engines for mechanical drive
and power generation that became part of GE's broad portfolio
following the $3 billion Dresser, Inc., acquisition in
2011.
GE's Micro LNG technology supports a growing global demand
for LNG. Besides being a more environment-friendly
alternative to diesel in heavy duty vehicle freight
transportation and extra heavy duty off-road vehicles, LNG
also is a suitable substitute for diesel or fuel oil for
powering remote locations and can be used to capture methane
fugitive emissions typically related to mining or upstream
oil operations eligible for World Bank financing and
emissions allowances. The GE system is a cost-effective
solution to manage gas peak demand and more in general for
gas transportation and storage.
Using LNG as a substitute for diesel or fuel oil can reduce
combustion emissions up to 25 percent. GE's Micro LNG system
is part of a growing portfolio of products that have been
qualified under GE ecomagination. To earn ecomagination
qualification a product is evaluated for its ability to
significantly and measurably improve the customer's
environmental and operating performance.
About GE
GE (NYSE: GE) works on things that matter. The best people
and the best technologies taking on the toughest challenges.
Finding solutions in energy, health and home, transportation
and finance. Building, powering, moving and curing the world.
Not just imagining. Doing. GE works. For more information,
visit the company's website at www.ge.com.
GE also serves the energy sector by providing technology and
service solutions that are based on a commitment to quality
and innovation. The company continues to invest in new
technology solutions and grow through strategic acquisitions
to strengthen its local presence and better serve customers
around the world. The businesses that comprise GE Energy-GE Power & Water, GE
Energy Management and GE Oil & Gas-work together with more
than 100,000 global employees and 2010 revenues of $38
billion, to provide integrated product and service solutions
in all areas of the energy industry including coal, oil,
natural gas and nuclear energy; renewable resources such as
water, wind, solar and biogas; as well as other alternative
fuels and new grid modernization technologies to meet 21st
century energy needs.
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