Unitel Technologies to Provide Design and Engineering Services
Technologies, Inc. announced that our company has been selected by Korea
Gas Technology Corporation (KOGAS-Tech) to conduct the front end
engineering and design (FEED) program to commercialize a creative
small-scale LNG business opportunity.
Gas (KOGAS) is currently the world’s largest importer of LNG.
According to Mr. Chul-Ho Lee, Director of the New Business Technology
Division at KOGAS-Tech, “Our objective is to design, build and operate
multiple 200 TPD LNG mini-plants that will create a virtual pipeline to
supply this product for local transportation fuel and power generation
“Unitel’s primary mission is to implement process design improvements
that will significantly reduce CAPEX and OPEX numbers over current
industry standards,” says Dr. Ravi Randhava, President of Unitel. “We
have already identified several areas that can be significantly enhanced
and intend to file a number of patent applications this year,” he adds.
The KOGAS-Tech development team is headed by Dr. Hack-Eun (Tony) Kim.
“We want to optimize the refrigerant cycle and the overall
thermodynamics of the system,” he notes. “At the same time, we are
looking for a high level of flexibility and a wide turndown capability
to meet changing demand requirements. State-of-the-art automation will
help reduce operating costs, but safety will always be our most critical
Unitel’s principals founded the modern pilot- and demo-plant industry in
1974. Since then, they have successfully completed hundreds of projects
and given birth to several other companies and ventures around the
world. Unitel’s relationship with KOGAS is specially recognized in terms
of their joint effort to demonstrate and commercialize the KOGAS
single-step technology for converting natural gas into dimethyl ether
KOGAS was incorporated by the Korean government in 1983. As the nation’s
sole LNG provider, the company provides clean, safe and convenient
energy to the people of Korea. KOGAS currently operates four LNG
terminals and a nationwide network that spans over 4,240 km.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160115005817/en/
Copyright Business Wire 2016
Source: Business Wire
(January 15, 2016 - 2:16 PM EST)
News by QuoteMedia