Plano-based United Energy LNG and Power LNG last week announced an agreement to create a scalable small-scale LNG platform to serve industrial, power and transport markets across North America. The combined entity, United Energy LNG, oversees a portfolio of three LNG production sites in advanced stages of development, including its first project site in Houston. A second undisclosed site is underway (reported to be in Texas), and the third site is Independence, Kansas, with total investment of $240 million to $270 million.
Brian Guinn, CEO, said July 7, “While the majors are focused on megaprojects, we’re deploying modular, nimble solutions that get LNG to the people and industries who need it now.”
The announcement said that United Energy LNG is focused by scalable, regionally targeted solutions, including “small-scale liquefaction units designed for local and regional demand, “ “modular deployment to reduce lead times and capital intensity” and “virtual pipeline logistics to bypass pipeline constraints.”
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