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Okra Energy achieves LNG production milestone in Peru

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LNG Industry,


Okra Energy (USA) has achieved a significant milestone with the production and delivery of more than 3 million gallons of LNG, produced by its proprietary technology at its small scale natural gas liquefaction facility, the first in Perú.

The modular and scalable LNG plant installed in Piura is the first such facility in the country and one of only five in all of Latin America. The facility enables the regions’ natural gas energy reserves to be tapped and utilised despite there being no pipeline infrastructure.

The facility’s output represents the majority of the LNG available to the country’s northern regions and nearly 20% of the available LNG supply for the nation overall. The entirety of Okra Energy’s LNG production has been presold, with subsequent liquefaction trains under contract. Pending contracts for additional plants by Okra Energy reflect the manufacturing sector’s demand in Latin America for safe and clean-burning natural gas, as well as for reductions in operating and transportation costs. One such beneficiary of Okra Energy’s Peruvian supply of LNG is Siderperú, a division of Gerdau, the largest long steel manufacturer in Latin America. By transitioning from CNG to LNG in order to supply its Chimbote facility, Siderperú achieves a significant reduction in operating expenses, as well as an environmentally beneficial 60% reduction in the number of daily fuel deliveries needed to support production.

“Okra Energy has fundamentally changed the LNG sector with both pricing and technological innovation, bringing unprecedented affordability and energy security to the marketplace,” according to Okra Energy CEO Louis Ravenet, referencing the company’s modular, scalable and portable LNG technology.

A celebration of construction of Okra Energy’s Colán facility was hosted by the US Ambassador to Perú, Kris Urs, in coordination with the International Trade Administration’s Commercial Service, at which international, federal, municipal and local officials were in attendance, including the members of Perú’s energy, mining and regulatory sectors. The celebratory event coincided with the announcement that Okra Energy had begun producing LNG from its facility, a major commissioning milestone.

Read the article online at: https://www.lngindustry.com/liquefaction/04072019/okra-energy-achieves-lng-production-milestone-in-peru/

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