|
Linde signs partnership agreement for a Floating Liquefied Natural Gas facility
08.08.2011 + + + The Linde Group’s Engineering Division and project partner SBM Offshore have signed a partnership agreement with PTT FLNG Limited and PTTEP Australasia for the development of a Floating Liquefied Natural Gas (FLNG) facility in the Timor Sea off Northern
Australia.
The project is planned to produce LNG from three gas field groups including
Cash/Maple, Oliver and Southern fields. Preliminary studies have started in March 2011. Assumed that the gas resources being found meet
expectations, the project will enter into front-end engineering and design studies by the end of 2011. The final investment decision is targeted for the end of 2012, and first commercial operations for the end of 2016.
The facility will be located approximately 680 kilometers west of Darwin,
Australia, and 200 kilometers southeast of the Indonesian coastline. The plant will have the capacity to produce approximately two million tons of LNG per
year.
Linde’s Engineering Division will build the topsides of the Floating
Production, Storage and Offloading units (FPSO) including gas processing and natural gas
liquefaction, based on Linde's proprietary natural gas liquefaction technology. SBM
Offshore, based in the Netherlands, is a market leader in the field of FPSOs for the oil
industry. Floating LNG technology is highly innovative and allows ‘stranded’ offshore gas fields to be developed that otherwise would not be
economic.
Upon final investment decision, The Linde Group, SBM Offshore, together with PTT
FLNG, plan to jointly develop and operate the FLNG facility for PTTEP
Australasia, the operator of the gas fields. Through this joint operation, Linde will gain wider access to the growing LNG world
market.
+ + +
Linde Engineering, a division of The Linde Group, is successful throughout the
world, with its focus on promising market segments such as olefin plants, natural gas plants and air separation
plants, as well as hydrogen and synthesis gas plants. In contrast to virtually all
competitors, the company can rely on its own extensive process engineering know-how in the
planning, project development and construction of turnkey industrial
plants. Linde plants are used in a wide variety of fields: in the petrochemical and chemical
industries, in refineries and fertilizer plants, to recover air gases, to produce hydrogen and synthesis
gases, to treat natural gas and in the pharmaceutical industry.
For more information, please visit www.linde-engineering.com
Dr. Marc Schier
Senior Manager FLNG Development
Phone +49.89.7445-3434
Volker Gerndt
Head of Marketing
Phone +49.89.7445-2458
|
+
+ Media Links + +
For more information, media details or
sample copies please contact
wilhelms@pennwell.com
www.sicking.de
|