Chart E&C receives LNG liquefaction plant order from Stabilis FHR

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7 October 2013, LPG

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The plant, which is designed to produce 100,000 gallons of liquefied natural gas ("LNG") per day, will be located in George West, Texas and is expected to commence production in January 2015 for high horsepower oilfield fuel applications in the Eagle Ford Shale.

The contract also provides a framework for Stabilis FHR to purchase up to four additional LNG liquefaction facilities from Chart E&C, for rapid deployment as Stabilis FHR executes on its plan to build additional LNG liquefiers serving oilfield fuel consumers. Chart E&C has reserved production slots for these additional plants. Stabilis FHR plans to commence production at these additional facilities between 2015 and 2017.

The four additional LNG liquefaction plants will be able to produce either 100,000 gallons or 250,000 gallons per day. All the plants are complete package solutions for the liquefaction of natural gas and feature Chart E&C's proprietary liquefaction technology. Key equipment packages, comprised of brazed aluminium heat exchangers, cold boxes, storage tanks and load-out facilities, are designed in-house, and manufactured and fabricated in Chart's facilities. This vertically integrated approach delivers a fast-track schedule and earlier commencement of LNG production.

"Both Chart and Stabilis FHR have a shared commitment to providing customers with a cost efficient, safe alternative to diesel and other distillate fuels and we look forward to delivering these plants and continuing our relationship with Stabilis FHR to support their growth in LNG," commented Mike Durkin, President of Chart E&C.

Source: MarketLine

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