Alfa Laval Receives Heat Exchanger Order for Natural Gas Project in Qatar
Posted on: Friday, 12 August 2005, 03:02 CDT
STOCKHOLM, Sweden, Aug. 12, 2005 (PRIMEZONE) -- Alfa Laval -- a world leader in heat transfer, centrifugal separation and fluid handling -- has received an order from CTEP for the supply of plate heat exchangers for a major liquid natural gas project in Qatar. The Alfa Laval plate heat exchangers will be used for central cooling, using seawater for cooling the liquid natural gas facility. The total order value is about SEK 120 million and the final delivery will be in the end of 2006.
The Qatargas II Development Project is a major step in Qatar's long-term plan to increase its exports of Liquid Natural Gas (LNG). The development project is an integrated project comprising offshore platforms, an onshore LNG gas receiving terminal and LNG transport carriers. The first delivery of liquid natural gas is scheduled for early 2008 to the United Kingdom. "The liquid natural gas market offers a huge potential," says Ulf Granstrand, Executive Vice President, head of Process Technology Division at Alfa Laval. "Already today the global demand is some 150 million tonnes per year and demand is expected to increase fivefold between the years 2000 and 2030. Alfa Laval has efficient technology to offer in this field, and the order for this project in Qatar is another important milestone."
Editor's notes:
CTEP is a joint venture between Chiyoda Corporation and Technip France. The Chiyoda Corporation is an integrated engineering contractor working with some of the world's leading companies within the energy, hydrocarbon and chemical industries. Technip France is one of the world's largest providers of engineering, technology and construction services for the oil and gas and petrochemical industries. For further information, please visit the Alfa Laval website at www.alfalaval.com and read the background information "Large demand in Liquid Natural Gas" under the "PRESS" ticker.
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CONTACT: Alfa Laval Peter Torstensson Vice President, Communications Tel: + 46 46 36 72 31 Mobile: +46 46 709 33 72 31
Mikael Sjoblom Investor Relations Tel: +46 46 36 74 82 Mobile: +46 709 78 74 82
Copyright © 2005 PrimeZone Media Network, Inc.
Source: PrimeZone Media Network
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