30 January 2012
GE Oil & Gas Launches Micro LNG Integrated Plant
  • 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.

PRESS CONTACTS
Kate Culman
Masto Public Relations
+1 518 786 6488
kate.culman@mastopr.com

Ken Darling
Masto Public Relations
+1 518 786 6488
kenneth.darling@ge.com

Fabio Pianini
GE Oil & Gas
+39 055 423 8872
fabio.pianini@ge.com

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