This should be a game changer-Dresser-Rand Signs Important Agreement for Small-Scale LNG Production Technology License
This agreement with Dresser is the equivalent to the CHK-GE skid mounted nat gas filling station only it is a skid or trailer mounted LNG filling station. From PR Newswire- "Dresser-Rand believes that the patented VX™ Cycle is the first technology to provide a cost-effective small-scale LNG production process with capacities as low as 1500 gallons per day—far smaller than any other LNG production system commercially available today. The mobile, skid mounted equipment configuration for this process technology opens up a wide variety of applications in markets currently underserved or not served at all."
more from PR Newswire-The mobile, skid mounted equipment configuration for this process technology opens up a wide variety of applications in markets currently underserved or not served at all. "Upstream" applications includes: the monetization of flared gas or associated gas to increase revenues for oil companies and reduce their environmental impact, the production of stranded natural gas fields which are not close to existing pipeline infrastructure, and on-site fuel supply for drilling rigs converted to run on LNG. "Downstream" applications include the production of vehicle-grade LNG, allowing LNG to compete effectively with diesel fuel on a cost-per-energy-content (BTU) basis. The use of LNG fuel is increasing rapidly for long-haul trucks; delivery fleets; buses; ships, barges and ferries; railroad locomotives; and construction and mining equipment.