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Dresser-Rand's small-scale unit successfully produces LNG

  • Dresser-Rand (DRC +0.5%) says it successfully produced liquefied natural gas from its small-scale LNGo facility at an undisclosed location.
  • DRC has been promoting LNGo as a decentralized method of meeting increasing demand for LNG fueling; each stand-alone plant is capable of producing ~6K gal./day, with the demonstration facility now undergoing extended performance and endurance testing prior to its market release.
  • DRC says it has held preliminary talks with ~90 prospective customers who could either buy or lease a LNGo plant.
Comments (2)
  • Michael Fitzsimmons
    , contributor
    Comments (8717) | Send Message
     
    Good action. Between GE's "MicroLNG" and DRC's "LNGo", the natural gas transportation market has some more cost effective smaller scale solutions.
    5 Dec 2013, 02:33 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2580) | Send Message
     
    Any idea how big a market this might be for Dresser-Rand?
    5 Dec 2013, 03:42 PM Reply Like
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