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Home News

Condor receives feedgas allocation for Kazakhstan LNG challenge

by manusohal
January 24, 2024
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Condor receives feedgas allocation for Kazakhstan LNG challenge
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Condor Energies Inc., a Canadian primarily based vitality transition firm, has obtained a pure gasoline allocation from the Authorities of the Republic of Kazakhstan. The gasoline allocation shall be used as feed gasoline for the corporate’s first modular LNG manufacturing facility.

The feed gasoline shall be liquefied to provide as much as 350 tpd (210 000 gal./d) of LNG, which might gasoline roughly 125 rail locomotives or 215 massive mine haul vans (150 t haul capability). The carbon emission reductions related to utilizing this LNG quantity to displace diesel gasoline equates to eradicating over 31 000 automobiles from service yearly.

The corporate has additionally acquired 12 ha. of business land the place the primary modular LNG facility shall be constructed. FEED is full and detailed engineering will start shortly. Discussions are underway with end-users to substantiate LNG quantity commitments and the corporate is reviewing challenge funding alternate options earlier than continuing with building.

Don Streu, President and CEO of Condor, commented: “We’re very comfortable and appreciative to obtain this gasoline allocation that advances our imaginative and prescient of manufacturing Kazakhstan’s first LNG. It is a important milestone as Kazakhstan has been experiencing pure gasoline shortages, which was impacting our potential to safe a long-term LNG feedstock gasoline provide contract.

“Our LNG initiative absolutely helps the Authorities’s technique to materially increase the Trans-Caspian Worldwide Transport Route (TITR), which hyperlinks a serious Asian commerce route with Europe. Our LNG can be utilized as a domestically produced low carbon gasoline as an alternative choice to diesel to deal with the elevated utilization of rail locomotives and transport vans between China and the Caspian Sea, and the marine vessels used to cross the Caspian Sea. Given the geopolitical conditions in Russia and the Center East, the TITR is much more important to expedite well timed commerce and transportation between Asia and Europe. Condor is working carefully with Kazakhstan’s nationwide railway and marine firms to implement an LNG resolution in 2025.

“Our LNG initiative additionally helps the Authorities’s technique to implement technological transformations for decarbonisation to realize the nation’s net-zero carbon aim as per its Technique on Reaching Carbon Neutrality by 2060 adopted in 2023.”

Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/24012024/condor-receives-feedgas-allocation-for-kazakhstan-lng-project/



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