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ExxonMobil licenses innovative LNG storage tank technology

Posted: 10 January 2004

ExxonMobil Upstream Research Company announced today that it has licensed a patented liquefied natural gas (LNG) storage tank technology to UK-based Skanska Whessoe, a leading engineering, procurement and construction contractor with specialized, worldwide experience in storage and handling of low-temperature fluids. This new innovation in LNG storage technology, called modular tanks, offers the potential for significant cost savings and faster construction times for LNG import and export terminals.

The technology employs modern shipyard fabrication practices and a scalable, modular design to provide a full-containment LNG storage system. The tanks have been designed and rigorously evaluated for a wide range of conditions including earthquake prone areas of the Pacific-rim, North America, and Europe.

ExxonMobil's modular tanks are fully compatible with the design standards and criteria currently being considered for use at LNG import terminals worldwide. To provide a high degree of safety, the inner, nickel/steel, and the outer, reinforced, prestressed concrete tanks of the modular storage system are liquid and gas tight, and independently capable of containing the stored LNG.

The modular LNG storage tank system is another example of ExxonMobil's extensive LNG technology development program contributing to the company's expanding LNG business. While currently participating in the production of about 20 percent of the world's LNG, ExxonMobil is leveraging its LNG experience, technology and worldwide gas marketing processes to rapidly grow its LNG portfolio.

Significant new applications of LNG technology are being planned for ExxonMobil's joint venture projects with Qatar Petroleum that are developing resources from Qatar's giant North field. These include the world's largest liquefaction trains, each producing about 7.8 million tons annually (MTA) of LNG, surpassing the current industry-record 4.7 MTA trains in RasGas II, which is also a joint venture project between Qatar Petroleum and ExxonMobil. The LNG from these large trains will be transported to market via a new generation of very large LNG carriers.

ExxonMobil Upstream Research Company is the upstream research unit of Exxon Mobil Corporation (www.exxonmobil.com), a leading global oil, natural gas and petrochemicals company with operations in nearly 200 countries and territories. ExxonMobil leads the industry in upstream technology development and application.

From its U.K. base, Skanska Whessoe (www.skanska.co.uk) operates worldwide to design and build tanks and terminals for the LNG/LPG market and is also in the business of associated gas treatment, fluid handling and storage systems.

Posted by Richard Price, Editor Pipeline Magazine

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