Trade News
Murray Hill & New Providence, New Jersey, U.S. 9 May 2012 – Linde North America today announced its Energy Solutions business has formalized a joint marketing agreement with American Power Group (APG) to introduce and expand the use of liquefied natural gas (LNG) in oil and gas exploration and production (E&P). Linde and APG will work together to offer customers a comprehensive solution for the safe, economic and efficient use of LNG in retrofitted dual-fuel diesel engines.
Linde provides world-class expertise in the supply, production, logistics and on-site application of LNG and other cryogens, as well as oil and gas field services. APG provides a leading, patented dual-fuel technology that converts diesel engines to run on an average of 40 percent to 60 percent LNG or other natural gas sources.
"Our joint working relationship with APG enables oil and gas customers working in exploration and production to leverage the economic, environmental and operational benefits of LNG," said Bryan Luftglass, head of strategic marketing and business development for Linde Energy Solutions. "Working together, we can convert and fully service an LNG fueling program for oil and gas E&P."
Engines targeted for retrofitting for dual use of diesel and LNG include E&P drilling rigs, horizontal and vertical drilling equipment, high pressure fracturing equipment and goods-hauling vehicles, including trucks transporting water, sand, cement, piping and other E&P goods.
As part of their agreement, Linde and APG will evaluate expansion of LNG applications to other fields. LNG is an economical alternative to diesel. It can be sourced domestically, is recognized for its lower air emissions and prices are predicted to remain stable as new technologies enable extraction from vast natural gas reserves.
About Linde North America
Linde North America is a member of The Linde Group, a world-leading gases and engineering company with around 50,500 employees in more than 100 countries worldwide. In the 2011 financial year, it achieved sales of EUR 13.787 bn (USD 18.1 billion). The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The Group is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, visit Linde in North America at http://www.lindeus.com
Further information:
Amy Ficon
Linde Corporate Communications
Phone 908.771-1491
Fax 908.771-1460
E-Mail: Amy.Ficon@