Wärtsilä's to cooperate with ENGIE to develop small scale LNG markets
Wärtsilä has signed a memorandum of understanding (MoU) with French multinational energy company ENGIE, to develop solutions and services within the small scale LNG business sector.
The cooperation covers four work streams: LNG for ships, LNG distribution in islands and remote areas, LNG to power solutions, and small scale LNG and bio liquefaction. Both Wärtsilä and ENGIE are committed to working for a low-carbon economy, and shifting the focus towards LNG-solutions is seen as being an important step in this direction.
Through this partnership, the two companies will share Wärtsilä’s technical expertise and engineering, procurement and construction (EPC) capabilities, along with ENGIE’s technical expertise, and experience in natural gas distribution and commercialization. Operation and maintenance services will also be offered.
Wärtsilä is currently the EPC contractor for an onshore small scale LNG terminal in Finland, and has successfully delivered several small scale power barges and a biogas liquefaction plant. ENGIE is one of the pioneers in the development of small scale LNG markets and innovative solutions. This includes small liquefaction plants, LNG truck loading, LNG bunkering, LNG fuelling stations, LNG for power applications, and supplying LNG to remote customers.
This MoU is a strong incentive to co-develop technical solutions that would enable both Wärtsilä and ENGIE to expand their small scale LNG businesses.
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