Liquefied Natural Gas advances U.S. liquefaction technology patent


(MENAFN- ProactiveInvestors)

Liquefied Natural Gas Limited (ASX:LNG) has completed the process for the patent over its core OSMR® LNG processing design with the United States Patent and Trademark Office and expects it to be issued in April 2015.

The patent will protect the OSMR® process which is a simple low cost highly efficient environmentally friendly robust and low risk technology.

This simplicity results in a reliable LNG plant that is relatively simple to design construct operate and maintain.

It also requires less plot space than needed for tradition LNG plants and the execution strategy using standard equipment and modular construction reduces the construction schedule.

The OSMR® technology is based on a proven simple single mixed refrigerant system with the addition of conventional combined heat and power recovery coupled with ammonia refrigeration technology to significantly enhance the plant performance in terms of LNG output and overall plant efficiency.

Based on overall plant energy use efficiency it can be up to 30% better than other technologies.

LNG Ltd now has patent protection in all three key markets within which it is currently planning to build own and operate LNG projects namely:

- Magnolia LNG Project in Lake Charles Louisiana U.S. (export of 8 million tonnes per annum);
- Bear Head LNG Project in Richmond County Nova Scotia Canada (export of 8Mtpa with potential for future expansion); and
- Australia (Gladstone Fisherman’s Landing LNG Project in Queensland Australia export of 3Mtpa with potential for future expansion).



Proactive Investors Australia is the market leader in producing news articles and research reports on ASX emerging companies with distribution in Australia UK North America and Hong Kong / China.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.