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 October 27, 2015 - 3:00 AM EDT
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Wärtsilä Mobile LNG to enable small and medium scale LNG power generation

Wärtsilä Corporation, Trade press release, 27 October 2015 at 9 am EET

A new LNG (liquefied natural gas) storage and regasification barge concept is introduced by Wärtsilä. This innovative solution provides a flexible means of meeting small to medium scale requirements where pure land-based LNG options are limited. Wärtsilä's Marine Solutions and Energy Solutions businesses have combined their expertise in developing the concept. This latest Wärtsilä innovation will be presented at the Gastech conference and exhibition being held October 27 - 30 in Singapore.

The Wärtsilä Mobile LNG can easily be combined with a barge-mounted power plant having an output capacity of up to 250 MW. Alternatively, it can be used to supply conventional land-based power plants. The Wärtsilä Mobile LNG solution will make LNG available to new consumer segments, and will benefit both utilities and end-users. Most especially, the flexibility of location can bring clean energy to areas that have only limited or no access to the national electricity grid.

"Wärtsilä's solutions support the entire gas value chain, from drilling and production, to delivery, liquefaction, regasification, storage, and power generation. This latest innovation is one more important step towards completing our LNG infrastructure offering. Most existing facilities are geared for larger-scale users, whereas the Wärtsilä Mobile LNG offers a flexible and mobile option for small to medium requirements," says Timo Koponen, Vice President, Flow and Gas Solutions, Wärtsilä Marine Solutions.

The Wärtsilä Mobile LNG has been developed for challenging locations where pipelines and large-scale LNG receiving terminals are not feasible, or where the quantities of LNG needed are smaller. It represents an ideal solution for shallow water areas where access for larger vessels would not be possible without major jetty constructions or dredging operations. Compared to constructing conventional land-based terminals in difficult soil conditions and areas with an undeveloped infrastructure, the barge can represent a significantly lower capital investment (capex) and faster delivery. Furthermore, being mobile, it can be easily re-located giving it a high resale value.

Link to more information on
Wärtsilä mobile LNG

Image 1
Caption: The Wärtsilä Mobile LNG can easily be combined with a barge-mounted power plant having an output capacity of up to 250 MW.

Image 2
Caption: The LNG is transferred by a small scale LNG carrier.

Media contacts:

Mr Timo Koponen
Vice President, Flow and Gas Solutions
Wärsilä Marine Solutions
Tel: +44 7901 118 641

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Marine Solutions
Wärtsilä Corporation
Tel: +358 10 709 1439

Wärtsilä in brief:
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers.
In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire


Source: Thomson Reuters ONE (October 27, 2015 - 3:00 AM EDT)

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