Chart’s Liquid Nitrogen Storage Package has been selected for use by PETRONAS for its’ floating LNG production facility in Malaysia.

The unit is expected to be the world’s first floating LNG facility in operation, when completed by the end 2015.

PFLNG 1 signed the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Contract for the project with a Consortium of Technip and Daewoo Shipyard & Marine Engineering (DSME) in June 2012.

In 2012, the consortium proceeded with tenders on behalf of PFLNG 1 for the supply of equipment, including the liquid nitrogen package, for the PFLNG 1 production facility. During the tendering period and detail engineering, engineers from PETRONAS, Chart Ferox and the Consortium reviewed technical specifications and the design process typical for EPCIC projects in the oil and gas industry.

Chart Ferox is currently manufacturing the Liquid Nitrogen Storage Package, which is scheduled to be delivered by the end of 2013.