Peru’s first small scale LNG facility nears completion

First-to-market in Peru with a high-efficiency and affordable natural gas solution for remote areas, Okra Energy – through its subsidiary Lantera Energy S.A.C. – is helping the nation by bringing cleaner-burning energy while significantly reducing operational costs to businesses, industrial manufacturers and power generators as well as to the marine, mining, rail, trucking, and tourism industries.

Okra Energy constructs small scale natural gas liquefaction plants offering operational simplicity, scalability and ultimately, a reliable supply of affordable natural gas. The proprietary modular solutions can be brought into production rapidly and scaled over time to meet dynamic supply needs, while reducing capital and operating expenses compared to legacy energy sources, such as compressed natural gas, diesel and heavy fuel oil. Additionally, Okra Energy’s plants are manufactured in factory-controlled settings, reducing installation complexity and commissioning labor costs, while still remaining customisable to meet a client’s individual production requirements.

According to CEO Louis Ravenet, “Constructing this plant is a significant achievement for both the LNG industry and the greater South American economy. Peruvians will now enjoy the benefits of a virtual pipeline that provides clean-burning natural gas energy that was previously inaccessible. We are proud to be the industry leader in affordable small scale LNG technology, key to the growth of emerging markets, worldwide.”

The majority of the new facility’s supply of LNG in northern Peru is already pre-sold to one of the largest steel manufacturers in the western hemisphere, with the balance under contract for delivery in early 2018. Subsequent small scale LNG facilities are currently under contract negotiation.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/02102017/perus-first-small-scale-lng-facility-nears-completion/