‘We Are in the Enviable Position of Imminent Market Launch’
Dresser-Rand says that it’s produced the first liquefied natural gas from its new small-scale unit, tradenamed “LNGo.” LNGo units could be used to monetize natural gas that’s currently flared, turn out a salable product at stranded wells, power drilling or hydraulic fracturing equipment – or, the company says, produce fuel for natural gas vehicles.
Standard LNGo plants are sized to produce approximately 6,000 gallons of LNG per day, the company says, and do so economically. They combine Dresser-Rand’s newly introduced MOS brand reciprocating compressors, Guascor engines, and Enginuity control systems.
The combination “allows for very small stand-alone plants that are portable and can be moved to support changing requirements and needs,” Dresser-Rand president and CEO Vincent Volpe said in a release.
‘Amazingly Short’ Development Time
“Now that we have produced LNG with our demonstration plant, we are in the enviable position of imminent market launch,” he said. “We expect orders to be placed for the first several units either late in 2013 or early next year.
Dresser-Rand has lined up partners for on-site LNG storage and for dispensing, says a company source. The company reckons that a 6,000-gallon-per-day unit can support a 50-truck fleet, and that an inventory of 20 LNGo plants is effectively ready for delivery, he says.
“Given the short cycle times that we embedded into our production plans, we believe that anticipated orders booked in the next several months will convert to shipments in 2014,” Volpe said. “As those units are placed into service and gain operating experience and run time, we believe that the incoming stream of orders will then progressively grow.”
Installation and Operation in ‘Months Rather than Years’
LNGo plants could be purchased, potentially including associated ancillary gas processing equipment, a power module and full turn-key installation and commissioning. Or they could be leased, for which Dresser-Rand says it’s “presently evaluating several market strategies, including potential market channel partners.”
For all users, the firm promises “full turn-key installation and commissioning services as well as routine operations, monitoring, and maintenance contracts to ensure ongoing reliable and available operations.”
Dresser-Rand notes that LNGo plants enable the distributed production of LNG on a small-scale, and thus eliminate the need for the costly trucking of LNG long distances from large, centralized plants to LNG fueling depots.
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Source: Dresser-Rand with Fleets & Fuels follow-up