The LIQUI-MAX™ System - High Capacity - Low CAPEX - Minimal environmental footprint

The LIQUI-MAX™ System - High Capacity - Low CAPEX - Minimal environmental footprint

Footprint

WATER – Conventional floating LNG production uses vast amounts of water to cool the process plant, creating harmful impact on the local marine environment and fish populations. By developing an innovative air cooling solution GLS has eliminated the need for water circulation, minimizing any impact on the local marine environment, the fishing and tourist industries.

LAND – The alternative to the LIQUI-MAX™ System is to construct an onshore LNG production plant. This would likely claim more than 1,000,000 m2 of land, in addition to access roads and construction facilities. Coastlines are valuable as nature reserves and beachfront property.

AIR – A LIQUI-MAX™ System production plant with a capacity of 24 million ton of LNG per year reduces CO2 emissions by 50% relative to coal, when the LNG is used for electricity production -- or by above 100 million tons, equivalent to emissions of about 60 million standard passenger cars per year.

The LM System Provides Permanent Jobs and Predictable Tax Revenue

Large onshore and offshore construction projects involve large numbers of temporary workers with specialized skills. These involve challenging recruiting, training, retention and logistic issues that often produce substantial cost overruns and substantially lower tax revenues to the host country.

The GLS LIQUI-MAX™ System approach eliminates these challenges by having all construction taking place in a controlled shipyard environment at yards with the required capabilities and capacity and a high probability of on-time and on-budget delivery.

Further, construction involving large numbers of temporary workers tends to be disruptive to small communities in remote areas. The GLS LMS approach eliminates this disruption and focuses on the generation of permanent jobs and predictable revenue for the local and national entities involved.