The Company designed, constructed and commissioned this demonstration plant, which has reached a key milestone with the initial production of LNG. Extended performance and endurance testing is being initiated as the final step prior to full market release.
Dresser¬-Rand president and CEO Vincent Volpe Jr said, "We are very excited about this technology for small-scale LNG production, which allows for very small stand-alone plants that are portable and can be moved to support changing requirements and needs.
"There is substantial Dresser-Rand scope potential in this offering including our newly introduced MOSTM reciprocating compressor, Guascor® engines, Enginuity® control systems, and project management to integrate all of these and the process components into compact, portable packages," Volpe added.
In the "for sale" category, the Company would provide the liquefaction process and, depending upon the plant configuration, potentially also include the associated ancillary gas processing equipment, a power module and full turn-key installation and commissioning.
In the "rental" or "lease" space, the Company is presently evaluating several market strategies, including potential market channel partners, and expects that, over the coming weeks, it will determine which approach is expected to create the greatest shareholder value.
