Liquefied Natural Gas Ltd (LNG Ltd) has entered into a supplier alliance agreement (SAA) with Chart Industries Inc. through Chart's wholly owned subsidiary, Chart Energy & Chemicals Inc.
The SAA provides for the design and manufacture of brazed aluminium heat exchangers (BAHX) and LNG liquefaction cold boxes used in the OSMR® LNG liquefaction design. As part of the global alliance agreement, Chart and LNG Ltd will work collaboratively on both current and future projects.
LNG Ltd said that it is continuing negotiations with other key equipment and service providers continue as it progresses its strategy to institute and maintain a high degree of standardisation and commonality across its global OSMR® LNG liquefaction facilities.
LNG Ltd also announced that Magnolia LNG is releasing a purchase order (PO) for the liquefaction equipment including cold boxes, brazed aluminium heat exchangers, and Core-in-Kettle® exchangers for its four train LNG facility project in Lake Charles, Louisiana, US. The PO, released as part of an Early Works engineering procurement and construction (EPC) programme, will subsequently be novated to the EPC contractor for delivery as part of the full lump sum turnkey EPC project.
John Baguley, Magnolia LNG's Chief Operating Officer, said: "We are particularly pleased to be joining an alliance with Chart, one of the world's leading suppliers of cryogenic liquefaction equipment. This equipment is vital to our mission to deliver LNG to market by the end of 2018. With Chart on board, we will be working closely with them and our EPC contractor to establish an overall asset management programme to jointly address the successful design, fabrication, installation, commissioning and operation of the Chart equipment within our overall facility."
Sam Thomas, Chairman, Chief Executive Officer and President of Chart Industries, said: "We are excited to partner with LNG Ltd to supply key equipment components for the OSMR® liquefaction technology across all their projects, again demonstrating Chart BAHX as the highly efficient, low risk technology platform for LNG. We look forward to providing our track record of safety, quality and experience as a leader in our sector."
LNG Ltd Managing Director/CEO and President of Magnolia LNG, Maurice Brand, added: "The use of alliance agreements with key suppliers such as Chart is central to our efforts to produce a standardised, repeatable design that we are able to replicate across all our projects and opportunities […] Our strategy is to establish and demonstrate the clear advantages of our OSMR® technology and modular construction approach on Magnolia LNG, and then apply this to our subsequent projects such as Bear Head LNG in Nova Scotia, Canada."
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/30072015/lng-ltd-signs-global-alliance-agreement-with-chart-1080/