Murray Hill & New Providence, New Jersey, U.S. 9 May 2012 -
Linde North America today announced its
Energy Solutions business has formalized a joint
marketing agreement with American Power
Group (APG) to introduce and expand the use of
liquefied natural gas (LNG) in oil and gas exploration and
production (E&P). Linde and APG will work together to offer
customers a comprehensive solution for the safe, economic
and efficient use of LNG in retrofitted dual-fuel diesel
engines.
Linde provides world-class expertise in the supply,
production, logistics and on-site application of LNG and
other cryogens, as well as oil and gas field services. APG
provides a leading, patented dual-fuel technology that
converts diesel engines to run on an average of 40 percent
to 60 percent LNG or other natural gas sources.
"Our joint working relationship with APG enables oil
and gas customers working in exploration and production to
leverage the economic, environmental and operational
benefits of LNG," said Bryan Luftglass, head of
strategic marketing and business development for Linde
Energy Solutions. "Working together, we can convert
and fully service an LNG fueling program for oil and gas
E&P."
Engines targeted for retrofitting for dual use of diesel
and LNG include E&P drilling rigs, horizontal and vertical
drilling equipment, high pressure fracturing equipment and
goods-hauling vehicles, including trucks transporting
water, sand, cement, piping and other E&P goods.
As part of their agreement, Linde and APG will evaluate
expansion of LNG applications to other fields. LNG is an
economical alternative to diesel. It can be sourced
domestically, is recognized for its lower air emissions and
prices are predicted to remain stable as new technologies
enable extraction from vast natural gas reserves.
About Linde North America
Linde North America
is a member of The Linde
Group, a world-leading gases and engineering company
with around 50,500 employees in more than 100 countries
worldwide. In the 2011 financial year, it achieved sales of
EUR 13.787 bn (USD 18.1 billion). The strategy of The Linde
Group is geared towards long-term profitable growth and
focuses on the expansion of its international business with
forward-looking products and services. Linde acts
responsibly towards its shareholders, business partners,
employees, society and the environment - in every one of
its business areas, regions and locations across the globe.
The Group is committed to technologies and products that
unite the goals of customer value and sustainable
development.
For more information, visit Linde in North America at http://www.lindeus.com
Further information:
Amy Ficon
Linde Corporate Communications
Phone 908.771-1491
Fax 908.771-1460
E-Mail: Amy.Ficon@linde.com
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