(EnergyAsia, August 15 2012, Wednesday) — US-based Air Products said its leading liquefied natural gas (LNG) technology and equipment will be used on a floating LNG (FLNG) production platform 180 km off the coast of eastern Malaysia.
State oil and gas company Petronas has selected Air Products for its first floating platform to produce 1.2 million tons per year of LNG when it starts up off Sarawak’s Bintulu town in late 2015.
At last month’s ceremony for the signing of an equipment and process licence agreement, Bill Kennington, Air Products’ major LNG account manager, said:
“This project will showcase not only our proprietary and leading LNG technology and equipment, but also Air Products’ worldwide manufacturing capabilities, as portions of the equipment will be fabricated and assembled in the US and Asia.
“This FLNG project is very important for Malaysia by unlocking and enabling economic development and commercialisation of significant gas reserves from locations where the resource was essentially stranded.”
Air Products signed the contract with PETRONAS Floating LNG 1 Ltd (PFLNG 1), a wholly owned subsidiary of the Malaysian state company.
The PFLNG 1 platform will use Air Products’ AP-N proprietary equipment including coil wound heat exchangers and compressor-expanders to be built and assembled in the US, and economiser cold boxes to be built in Malaysia.