|
March 30 th, 2004
Beihai XinAo Gas Company Limited (China) signed
150,000Nm 3/day LNG plant contract with Kryopak
A contract was signed today between the Beihai XinAo Gas Company Limited and
Kryopak Company (d.b.a. Salof Refrigeration Co., Inc.) for the design and
manufacture of a 150,000Nm 3/day Liquid Natural Gas (LNG) liquefaction plant.
The LNG plant will be located on Weizhou Island, which is approximately 21 miles
south of Beihai City , Guangxi Province , PR China. The LNG will be produced
from a gas stream that is currently being flared at the China National Offshore
Oil Company (CNOOC) Weizhou Terminal.
Kryopak Co., which is located in New Braunfels , Texas , (a sister company of
Salof Refrigeration Co., Inc.) manufactures small to medium gas processing
plants for the LNG and LPG markets. The XinAo Group chose Kryopak Co. due to
their ability to provide a world class and power efficient LNG plant. Work has
already begun on Weizhou Island to prepare the infrastructure that will be
required for this project. The plant is scheduled to be operational during the
first quarter of 2005.

|