Cosmodyne nets LNG peak shaver deals for east coast utility

US engineering company Cosmodyne has been chosen for multiple liquefaction projects by an unnamed North American utility company.

Cosmodyne said that it will contract directly with the utility company and collaborate with its EPC contractor for the project execution.

The peak shaver, the company was contracted to provide will be fabricated in Cosmodyne’s Cryoquip facility in California. It utilizes Cosmodyne’s in-house developed turboexpander technology and proprietary ethane removal system which can handle a wide range of gas compositions.

Commenting on the order, Cosmodyne general manager, George Pappagelis said, “traditionally, utilities prefer a turn-key approach to minimize risk, but lately we are seeing more interest in purchasing equipment directly.”

For this contract, the client is cutting the cost while having a direct line-of-sight to decisions to decisions on the technology being provided.