Air Products Supplying Multiple LNG Heat Exchangers for Gorgon Project
January 21 2010 - 4:15PM
PR Newswire (US)
LEHIGH VALLEY, Pa., Jan. 21 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) has signed an agreement with Chevron Australia Pty Ltd.
to supply its proprietary liquefied natural gas (LNG) process
technology and equipment for three process trains producing up to
15 million tons of LNG per annum at the Gorgon Project located
offshore Western Australia. LNG production is scheduled to begin in
2014. "Our LNG technology time and time again has provided the
performance and reliability expected by our customers. Air
Products' LNG capabilities and leadership is a great source of
pride, and we are especially pleased to have this opportunity to
work on this groundbreaking project at a time when natural gas
usage is increasing in importance on a global basis as a source of
clean energy," said Jim Solomon director-LNG at Air Products. Under
the agreement, Air Products will provide three separate units of
its proprietary propane pre-cooled mixed refrigerant process using
the SplitMR® machinery configuration. The LNG units will operate
offshore Western Australia on Barrow Island. Air Products'
involvement in LNG projects in Australia dates back to the late
1980s and early 90s when it delivered process technology and MCR®
cryogenic heat exchangers for the first three trains at the North
West Shelf Venture LNG Project. A majority of the total worldwide
LNG is produced with Air Products' technology. Air Products has
designed, manufactured and exported over 80 LNG heat exchangers
from its Wilkes-Barre, Pa., United States facility over the last
four decades. In support of the LNG industry, Air Products provides
process technology and key equipment for the heart of the natural
gas liquefaction process, and also nitrogen plants for the
base-load LNG facility, as well as process technology and equipment
for small and mid-sized LNG plants, floating LNG plants and LNG
peak shavers. Upstream, Air Products provides both nitrogen and
natural gas dehydration membrane systems for offshore platforms.
Downstream, Air Products provides dry inert gas generators for LNG
carriers, shipboard membrane nitrogen systems, and land-based
membrane and cryogenic nitrogen systems for LNG import terminals.
About Air Products Air Products (NYSE:APD) serves customers in
industrial, energy, technology and healthcare markets worldwide
with a unique portfolio of atmospheric gases, process and specialty
gases, performance materials, and equipment and services. Founded
in 1940, Air Products has built leading positions in key growth
markets such as semiconductor materials, refinery hydrogen, home
healthcare services, natural gas liquefaction, and advanced
coatings and adhesives. The company is recognized for its
innovative culture, operational excellence and commitment to safety
and the environment. In fiscal 2009, Air Products had revenues of
$8.3 billion, operations in over 40 countries, and 18,900 employees
around the globe. For more information, visit
http://www.airproducts.com/. About the Gorgon Project The Gorgon
Project is operated by the Australian subsidiary of Chevron
(approximately 47 percent) in joint venture with the Australian
subsidiaries of ExxonMobil (25 percent) and Shell (25 percent),
Osaka Gas (1.25 percent), Tokyo Gas (one percent) and Chubu
Electric (0.417 percent). The Gorgon Project is developing the
Greater Gorgon gas fields, located between 130km and 200km off the
north-west coast of Western Australia. The Greater Gorgon gas
fields are estimated to contain resources of about 40 trillion
cubic feet of gas, Australia's largest-known gas resource. For more
information visit http://www.chevronaustralia.com/ ***NOTE: This
release may contain forward-looking statements. Actual results
could vary materially, due to changes in current expectations.
DATASOURCE: Air Products CONTACT: Media Inquiries, Art George,
+1-610-481-1340, , or Investor Inquiries, Nelson Squires,
+1-610-481-7461, , both of Air Products Web Site:
http://www.airproducts.com/
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