Petronas selects ge technology for the petronas lng train 9 project
Kuala lumpur, malaysia--(business wire)--ge oil & gas (nyse: ge) will supply proven, advanced turbocompression technology for the petronas lng train 9 project, which will add 3.6 million tons per annum (mtpa) to the existing 25.7 mtpa production capacity of the petronas lng complex in bintulu, sarawak, malaysia. train 9 of the petronas lng complex will utilize apci split mrtm liquefaction process technology. ge oil & gas announced its role in the project at the world gas conference in kuala lumpur. under a contract of approximately $150 million, ge is providing a fully integrated solution for train 9, including ge oil & gas turbocompression equipment and variable speed drive systems from ge’s power conversion business. the scope of ge’s supply includes a low/medium-pressure mixed refrigerant package and a propane and high pressure-mixed refrigerant package, each driven by a frame 7ea gas turbine with a 13-megawatt induction motor running at 3,600 rpm and vsi technology variable speed drive systems. the compression trains are vital elements of the liquefaction process, which cools natural gas to a liquid state. “the ge technology we are providing for the train 9 project is well-proven and is used across a wide range of lng projects, including such landmark projects in the asia-pacific region as gorgon and ichthys. the train 9 project also builds on the strong collaboration that exists between petronas and ge and is part of a global frame agreement that has existed between the two companies since 2009,” said prady iyyanki, vice president of ge and president, turbomachinery business of ge oil & gas. the addition of train 9 to the bintulu complex will increase the flexibility of petronas’ lng portfolio, while also supporting the overall growth of the region’s natural gas industry. malaysia is the world’s second largest exporter of lng. petronas is an integrated oil and gas company with a significant global presence. its business activities include harnessing natural gas reserves locally and abroad. the plc is among the world’s largest integrated lng production facilities at a single location, consisting of three subsidiaries: malaysia lng sdn bhd, mlng dua sdn bhd and mlng tiga sdn bhd. lng is recognized as an overall beneficial fuel source due to its low carbon footprint and low transportation and storage costs. about ge ge (nyse: ge) works on things that matter. the best people and the best technologies taking on the toughest challenges. finding solutions in energy, health and home, transportation and finance. building, powering, moving and curing the world. not just imagining. doing. ge works. for more information, visit the company's website at www.ge.com. ge energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. with more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. we serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. we also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels. follow ge energy on twitter @ge_energy.
GE Ratings Summary
GE Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission