The OSMR process is a method and system for the production of LNG, and the BOG treatment process is a boil-off gas treatment process and system.
LNG Ltd Managing Director and joint Chief Executive Officer Maurice Brand said “We are very pleased that the company’s primary inventions are protected in a market as big as China. As worldwide economic and capital constraints are likely to limit investment in larger LNG projects, we are finding more interest in the OSMR technology.
“Having patent protection in China and in other important jurisdictions allows the company to move forward with other international opportunities as well as the Gladstone Fisherman’s Landing LNG Project in Queensland, Australia.”
The OSMR process is based on a proven, simple, single-mixed refrigerant system with the addition of conventional combined heat and power and ammonia refrigeration technology to significantly enhance the plant performance (LNG output and overall process efficiency).Article continues below…
This results in a plant cost of around half that of competing technologies (based on dollars per tonne per annum) and an overall plant efficiency, which is around 30 per cent better than others (i.e. 30 per cent less carbon emissions).
This, together with LNG Ltd’s plant modularisation and construction strategy, substantially improves project economics.
LNG Ltd plans to use the OSMR process in its 3 MMt/a Gladstone Fisherman’s Landing LNG Project, to be located in Queensland. China’s Huanqiu Contracting and Engineering Corporation is currently preparing an engineering, procurement and construction proposal based on the OSMR process.