Air Products signs Malaysia agreement
Norway’s Air Products is to provide its LNG technology, equipment and process license for Petronas’ second floating LNG project (PFLNG2), to be located off the coast of Malaysia.
The agreement was signed with JGC Corporation, which says Air Products’ equipment and technology will be vital in the production of 1.5 million tonnes of LNG per year, targeted for on-stream in 2018, for Petronas.
PFLNG2, which will be drawing natural gas from the Rotan Field in the South China Sea, offshore Sabah, Malaysia, will use Air Products’ AP-N LNG process and equipment. The company will manufacture this proprietary equipment including coil-wound heat exchangers and compressor-expanders at facilities in the US, and the economiser boxes in Tanjung Langsat, Malaysia.
“In our LNG history as a company, we have always tried to stay ahead of trends in the market and we are pleased that we have been selected for Petronas’ second LFNG project, as well as the other two global offshore LNG projects thus far that have been announced,” said Bill Kennington, major account manager, LNG, Air Products.
“The PFLNG2 project, much like Petronas’ first floating LNG project, is an important one in the effort to monetise significant offshore natural gas reserves that would otherwise be unreachable,” he added.
The AP-N LNG process is suited for small scale FLNG applications and builds on the successful implementations of the nitrogen recycle section of Air Products’ AP-X LNG process and equipment.
It can be configured in an all-nitrogen recycle process for a single train at 1.5 million tonnes per year, or it can be boosted incapacity with the addition of pre-cooling.
In addition to the two Petronas PFLNG projects, Air Products’ coil-wound heat exchangers were selected for Shell’s prelude floating LNG project under construction.