Linde forms Global Alliance with SBM

Linde has formed a Global Alliance with Single Buoying Mooring Inc. (SBM) to develop and market Floating Production, Storage and Offloading units (FPSO) for the growing Liquid Natural Gas (LNG) industry, based on Linde's proprietary natural gas liquefaction technology. After having finalized a generic concept for a LNG FPSO with a yearly capacity off app.2.5 million metric tons of LNG, global marketing efforts will start as of today. The FPSO is designed for any conventional natural gas composition and aims at offshore natural gas fields with recoverable reserves of 1 trillion cubic feet or more.

Under the Global Alliance Linde contributes the FPSO topsides including gas pretreatment, C3+ fractionation and natural gas liquefaction based on Linde's proprietary Multi-Stage-Mixed-Refrigerant process (LiMuM). SBM among other things contributes marine technology including hull and LNG storage tanks system, power generation system, mooring system, cryogenic offloading systems and FPSO operational experience.