First Floating LNG Plant Using the Company's
Proprietary AP-DMR™ LNG Process
LEHIGH
VALLEY, Pa., May 6, 2024
/PRNewswire/ -- Air Products (NYSE: APD), the leader in liquefied
natural gas (LNG) technology and equipment has announced its dual
mixed refrigerant LNG Process technology (AP-DMR™) and equipment,
which has been deployed at the Coral South floating liquefied
natural gas (FLNG) plant in Mozambique, Africa, has successfully passed its
performance test achieving LNG production above 3.4 million tons
per year.
Air Products' proprietary AP-DMR LNG Process was selected
because of its high efficiency, reliable operation, and compact
footprint. AP-DMR's superior process efficiency combined with the
use of aeroderivative machinery translates to a lower carbon
intensity than all other LNG processes in floating service.
Coral South FLNG is Mozambique's first operating LNG project, and
the first deep-water FLNG project for Africa. It is the second largest FLNG facility
in the world. Air Products' involvement with this project started
in 2013 with conceptual work, resulting in the selection of the
AP-DMR LNG process technology and equipment, including the supply
of two proprietary coil-wound main cryogenic heat exchangers
(CWHEs), one for precooling and one for liquefaction within the
facility.
The CWHEs for the Coral South project were fabricated at Air
Products' LNG equipment manufacturing facility in Port Manatee, Florida. Additionally, Air
Products provided expert, technical advisory services for the
installation, commissioning, start-up, and performance testing.
"Having been selected to participate in this landmark project is
a significant achievement and the first project to leverage our
very efficient AP-DMR LNG process. Our supplied equipment having
successfully completed performance testing is the direct result of
the expertise and experience of our team, from all areas of the LNG
business, working in close collaboration and in support of TP JGC
Coral France (the EPC joint venture of Technip Energies France SAS
and JGC Corporation) executing the project and Coral FLNG S.A. (the
owner/operator)," said Dr. John
Palamara, general manager – LNG at Air Products.
Air Products' AP-DMR LNG Process has also been selected for the
Energía Costa Azul LNG land-based project in Mexico which is currently under
construction.
Air Products has extensive experience in offshore, or floating
LNG projects, having executed a rigorous 15-year FLNG
development and marinization program to ensure the proprietary
equipment and liquefaction processes would meet the requirements of
demanding offshore conditions, such as extensive fatigue conditions
that can affect mechanical integrity of equipment, and sea state
induced motion conditions, which can affect process performance if
not properly designed. As a result, Air Products' LNG business has
supplied liquefaction technology and equipment to all four of the
first deep water, offshore FLNG projects which include Shell
Prelude, Petronas FLNG Satu, Petronas FLNG Dua, and Coral South
FLNG.
Air Products is celebrating the 10-year anniversary of its
world-class Port Manatee facility
which opened in January 2014,
completed a 60% expansion in October
2019, and in July 2023
announced a significant investment to increase winding capacity to
meet the needs of the ever-growing LNG industry.
Air Products' proprietary LNG technology, vital to helping meet
the world's increasing energy needs and desire for clean energy,
processes and cryogenically liquefies valuable natural gas for
consumer and industrial use. For over 50 years Air Products has
manufactured LNG heat exchangers, which currently operate in over
100 LNG trains in 20 countries around the world.
Typically, an LNG heat exchanger can be as large as over 15 feet
(5 meters) in diameter and 180 feet (55 meters) long. A finished
unit can weigh as much as 500 tons. Photos of Air Products'
LNG technology can be downloaded for publication with proper
attribution at:
http://prphotolibrary.airproducts.com/ImageViewer.aspx?q=LNG.
Air Products' LNG process technology and equipment is the heart
of an LNG production plant. The technology, in place at some of the
most remote locations around the world, takes natural gas and
unlocks its value by liquefying it and making it possible to ship
it economically. Typically, the LNG is eventually re-gasified for
energy uses.
The majority of total worldwide LNG is produced with Air
Products' technology. In support of the LNG industry, Air Products
provides process technology and key equipment for the natural gas
liquefaction process for large export plants, small and mid-sized
LNG plants, floating LNG plants and LNG peak shavers. Upstream, Air
Products provides both nitrogen and natural gas dehydration
membrane systems for offshore platforms. Downstream, Air Products
provides membrane nitrogen generators for LNG carriers and
land-based membrane and cryogenic nitrogen systems for LNG import
terminals and baseload LNG plants.
For more information on Air Products' LNG process technology and
equipment, visit https://www.airproducts.com/lng.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases
company in operation for over 80 years focused on serving energy,
environmental, and emerging markets. The Company has two growth
pillars driven by sustainability. Air Products' base business
provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemicals, metals, electronics, manufacturing,
and food. The Company also develops, engineers, builds, owns and
operates some of the world's largest clean hydrogen projects
supporting the transition to low- and zero-carbon energy in the
heavy-duty transportation and industrial sectors. Additionally, Air
Products is the world leader in the supply of liquefied natural gas
process technology and equipment, and provides turbomachinery,
membrane systems and cryogenic containers globally.
The Company had fiscal 2023 sales of $12.6 billion from operations in
approximately 50 countries and has a current market
capitalization of over $50 billion.
Approximately 23,000 passionate, talented and committed employees
from diverse backgrounds are driven by Air Products' higher purpose
to create innovative solutions that benefit the environment,
enhance sustainability and reimagine what's possible to address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com or follow us on LinkedIn, X,
Facebook or Instagram.
Air Products Cautionary Note Regarding Forward-Looking
Statements
This release contains "forward-looking statements" within the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are based on
management's expectations and assumptions as of the date of this
release and are not guarantees of future performance. While
forward-looking statements are made in good faith and based on
assumptions, expectations and projections that management believes
are reasonable based on currently available information, actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors, including the risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2023 and other
factors disclosed in our filings with the Securities and Exchange
Commission. Except as required by law, we disclaim any obligation
or undertaking to update or revise any forward-looking statements
contained herein to reflect any change in the assumptions, beliefs
or expectations or any change in events, conditions or
circumstances upon which any such forward-looking statements are
based.
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SOURCE Air Products