Puregas Solutions Awarded a Contract from Wartsila for the Supply of BioLNG Plant
Upgrading BioLng
plant with new technology will help in increasing the SSLNG Production.
Germany: Swedish biogas specialist, Puregas awarded an
agreement to supply a biogas upgrading plant, which will be capable of
producing bioLNG and LNG, to Finnish energy solutions provider Wartsila. The Puregas
upgrading plant capacity can handle up to 1250Nm3/hr of biogas. Moreover,
the company will also sign a larger contract to supply biohybrid production
plant to German Energy Company, Erdgas Sudwest. The technology that is being
implemented in the plant is expected to fulfill the market’s need for
liquefication and storage of methane based energy streams. By the help of this
technology LNG production will be part of the current pipeline for the
customers.
TechSci Research depicts that the increasing exploration
& production activities, favorable government policies supporting the
adoption of LNG and growing demand from remote areas are some of the major
factors anticipated to aid the global small scale LNG market during 2016 –
2021. Moreover, drop in natural gas prices and fluctuations in crude oil prices
are further expected to encourage customers across the globe to opt for small
scale LNG over diesel, furnace oil or coal in the coming years. Advanced
economies of the world have implemented strict emission norms that regulate the
harmful emission levels of diesel as a fuel.
According to released report of TechSci Research, “Global Small Scale LNG (SSLNG) Market” By Application, By Mode
of Supply, Competition Forecast & Opportunities, 2011 – 2021, the global small scale LNG market is anticipated to cross $47 billion by
2021. Globally, growing demand for SSLNG from remote areas, especially for
power generation, is one of the major factors driving the global market of
small scale LNG. Other factors such as increasing inclination towards greener
and cleaner fuel coupled with low prices of natural gas are also aiding global
small scale LNG market. Increase in spot market purchase is expected to keep
LNG prices under check in Asia-Pacific and Europe.