ENERGY

dropped dramatically , we need to show that our process is much more capital efficient ,” he says .

“ You may find other businesses out there who are more efficient from a capital standpoint , or someone who is more efficient from an operations standpoint – but there is no one who can match LNG Limited when it comes to pulling it all together .”

The focus on mid-scale liquefaction is a trend that is shared across the industry , and Baguley believes this is a movement that was perhaps started by LNG Limited . Historically in the LNG business and other petrochemical industries , there is often the choice of very expensive facilities that are highly energy efficient , or very inexpensive facilities that have poor energy efficiency . LNG Limited

has “ cracked that paradigm .” “ We can deliver a leading lowcost facility that has unprecedented high levels of energy efficiency ,” says Baguley . “ I ’ ve spoken with representatives from the Environmental Protection Agency ( EPA ), and they were very on board with what we are trying to achieve . This is something that is done for the economic benefit , which also results in a huge environmental benefit – the holy grail for those seeking to minimize environmental impacts .”

Site selection is also a key aspect in generating this environmental efficiency and unlocking the capital efficiency .

“ Because our technology is midscale and because the physical footprint of our plants is smaller , we ’ re able to select sites which are optimal for building ,” says Vesey .

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