From the Wires
Linde to Built LNG Terminal Near Gothenburg, Sweden, for Skangass
Nov. 23, 2012 03:55 AM
MUNICH, GERMANY -- (Marketwire) -- 11/23/12 -- Linde AG /
Linde to built LNG terminal near Gothenburg, Sweden, for Skangass
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The issuer is solely responsible for the content of this announcement.
The technology company The Linde Group has been
commissioned by Norwegian-based Skangass AS to build a mid-scale liquefied
natural gas (LNG) import terminal at the west coast of Sweden, in Lysekil,
100
kilometres north of Gothenburg. The corresponding engineering, procurement,
construction and installation (EPCI) contract is worth around EUR 44 m. The
works include the integration of the cryogenic tank structures to be
erected by
a third party. The new LNG terminal is planned to start operations in
spring
2014 and will supply natural gas to the nearby Preem refinery as well as
LNG for
industrial and transportation applications.
"With this project we confirm our leading position in the growing small-to-
mid-
scale LNG market," said Professor Dr Aldo Belloni, Member of the Executive
Board
of Linde AG. "Also taking into account Sweden's first LNG terminal we
completed
last year in Nynäshamn, we see ourselves on the right course to
strongly benefit
from the trend towards LNG as a low-emission fuel and petroleum
substitute."
The new terminal will have a storage capacity of 30,000 cubic metres (m3)
of
LNG, compared to 20,000 m3 at Nynashamn, and will include a truck filling
station. Linde Engineering has performed the basic engineering and will
support
with the procurement of rotating equipment, commissioning and start-up. LNG
for
both terminals - Nynashamn and Lysekil - comes from the mid-scale LNG plant
at
Risavika near Stavanger, Norway. This plant - also built for Skangass by
Linde -
started operations in 2010.
Nearby Gothenburg is one of Sweden's key industrial areas and northern
Europe's
largest port of export. It is located in a so-called "Emission Control
Area"
(ECA), where stricter sulphur emission limits will become applicable in
January
2015. LNG offers a reliable and economical solution to a wide range of
applications and will help to comply with the upcoming regulations.
Only in October the newly founded joint venture company Bomin Linde LNG
(BLLNG)
announced to start planning a small-scale LNG terminal in Hamburg - another
port
that will be subject to stricter emission limits from 2015 on. BLLNG is a
joint
venture of Marquard & Bahls subsidiary Bomin, a leading provider of marine
fuels, and Linde. The declared strategy of Bomin Linde LNG is to cover the
complete LNG value chain - from purchasing and transport through storage to
distribution and refuelling of ships at strategically important ports.
The Linde Group is a world-leading gases and engineering company with
around
62,000 employees in more than 100 countries worldwide. In the 2011
financial
year, Linde generated revenue of EUR 13.787 bn. The strategy of the Group
is
geared towards long-term profitable growth and focuses on the expansion of
its
international business with forward-looking products and services. Linde
acts
responsibly towards its shareholders, business partners, employees, society
and
the environment - in every one of its business areas, regions and locations
across the globe. The Group is committed to technologies and products that
unite
the goals of customer value and sustainable development.
Under the "Clean Technology by Linde" label, the company offers a wide
range of
products and technologies that help to render renewable energy sources
financially viable, and significantly slow down the depletion of fossil
resources or reduce the level of CO(2) emitted. This ranges from specialty
gases
for solar module manufacturing, industrial-scale CO(2) separation and
application technologies to alternative fuels and energy carriers such as
liquefied natural gas (LNG) and hydrogen.
For more information, see The Linde Group online at
http://www.linde.com/cleantechnology.
Press Release as PDF:
http://hugin.info/125064/R/1660208/537605.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Linde AG via Thomson Reuters ONE
[HUG#1660208]
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