Liquefied Natural Gas Limited is entering into two additional key supplier alliance agreements (SAA) with Siemens Energy Inc. (Siemens) and EthosEnergy Group (EthosEnergy), respectively. These agreements call for LNGL to work collaboratively with both Siemens and EthosEnergy on current and future Company projects. The use of global alliance agreements with key suppliers is central to LNGL's strategy to produce standardized, repeatable designs and processes across all its projects and operations.
Siemens will provide the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, USA with the main OSMR(R) process compression equipment and drivers for the full four train, eight-mtpa LNG project. This equipment includes the main mixed refrigerant compressors and their gas turbine drivers, the ammonia refrigerant compressors with their steam turbine drivers, and the motor driven process gas booster compressors. Altogether, a total of 20 process compressors plus their associated drivers are covered under the purchase agreement reached with MLNG.
Maurice Brand, LNGL Managing Director and CEO, advised, "The alliance agreement with Siemens represents the second major step in our program to achieve a high degree of commonality across our global OSMR liquefaction facilities. Together with the earlier alliance agreement reached with Chart Industries for the cold boxes, we have now standardized the heart of the liquefaction process. This in turn enables LNGL to further de-risk the delivery of our strategy to become the low cost leader in the LNG industry through replication of our simple and reliable, highly efficient innovative mid-scale technology and project execution methods."