Standardized, modular, small-scale LNG with low lifecycle cost
8/1/2021
Natural gas has developed into the fossil fuel of choice for power generation, industrial use and domestic heating. It produces 30%–40% lower carbon emissions than oil or coal, and zero sulfur emissions. The capital cost of gas-fired power plants is half that of coal-fired facilities. For this reason, LNG is regarded as a high-growth market and is expected to become a low-carbon bridging fuel, pending full deployment of renewables and green or blue hydrogen-based fuels. At present, the bulk of LNG is produced at low cost in large baseload plants with capacities of up to 7 MMtpy per train and having significant LNG storage facilities. After shipment, LNG is typically stored in a receiving te
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