Wärtsilä Aims to Develop Small Scale LNG Markets with ENGIE
November 7, 2016
Wärtsilä has signed a Memorandum of Understanding with the French multinational energy company ENGIE to develop solutions and services within the small scale LNG business sector. The cooperation covers LNG for ships, LNG distribution in islands and remote areas, LNG to power solutions, and small scale LNG.
Through this partnership, the two companies will share Wärtsilä’s technical expertise and engineering, procurement and construction capabilities, along with ENGIE’s technical expertise, and experience in natural gas distribution and commercialization. Operation and maintenance services will also be offered.
Wärtsilä is currently the EPC contractor for an onshore small scale LNG terminal in Finland, and has successfully delivered several small scale power barges and a biogas liquefaction plant. This MoU is a strong incentive to co-develop technical solutions that would enable both Wärtsilä and ENGIE to expand their small scale LNG businesses.