Cosmodyne to Supply LNG Liquefier to WesPac for Marine Ship LNG Fueling
SEAL BEACH, CA - WesPac Midstream LLC ("WesPac") has selected Cosmodyne, LLC ("Cosmodyne") to supply a LINEX natural gas liquefier for a new natural gas liquefaction facility in Jacksonville, Florida. This facility is being constructed to address the growing demand for LNG in the southeast. The LINEX system features Cosmodyne’s safe, environmentally-friendly, and cost-effective nitrogen refrigeration technology to produce high quality LNG fuel. LINEX delivers great operating flexibility, allowing the plant operator to easily increase and decrease production in response to fluctuating market demand while maintaining high efficiency. This unique load-following ability to turn down production without an efficiency penalty is ideal for LNG plants deployed in markets where demand volume is developing or variable.
"WesPac evaluated the available LNG liquefaction technologies and we are pleased with our selection of Cosmodyne," said Peter Gallenberger, Senior Vice President-Engineering and Operations of WesPac. "Cosmodyne demonstrated the unique benefits of their LINEX technology including the simplicity and flexibility of operating the LINEX system. Equally important is Cosmodyne’s commitment and dedication to work with WesPac as a true project partner."
"WesPac asked Cosmodyne for a reliable and cost-effective system that satisfies the unique needs of the new market they will serve providing clean ships with LNG fuel. We are excited to play a role making LNG a viable alternative fuel for ships and look forward to a successful project with WesPac and their customers," said George Pappagelis, General Manager of Cosmodyne, LLC. The equipment will be designed and fabricated in Cosmodyne’s California facilities.
Cosmodyne is participating in the World LNG Fuels Conference as a Gold Sponsor and will be present in booth #407.
WesPac Midstream LLC is a midstream energy development company owned principally by a private equity investment fund sponsored and managed by Highstar Capital, an infrastructure investment firm with deep expertise in energy investing and development. In August 2014, the Highstar Capital investment team joined Oaktree Capital Management, L.P., a global investment management firm with more than $93 billion in diversified assets under its management as of September 30, 2014, and considerable experience in the energy industry. For more information, please visit www.WesPac.com.
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ABOUT COSMODYNE, LLC
Cosmodyne is a leading manufacturer of cryogenic plants with more than 450 placed in operation around the globe since 1958. Cosmodyne natural gas liquefiers produce LNG as alternate fuel for high horsepower marine, rail, mining, trucking, and oilfield applications, virtual pipelines, and utility peak shaving. Cosmodyne air separation plants produce liquid and gaseous oxygen, nitrogen and argon. Cosmodyne also manufactures nitrogen gas generators, nitrogen liquefiers, and oxygen liquefiers. Cosmodyne is part of the Cryogenic Industries Inc. family of companies which include ACD LLC and Cryoquip LLC. For more information, visit www.cosmodyne.com.
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