Peru LNG Facility Hits Milestone

Okra Energy, LLC on Wednesday reported the small-scale natural gas liquefaction facility in Peru that applies the company’s technology has achieved a liquefied natural gas (LNG) production milestone.

The modular and scalable LNG plant in Colan, Piura province – Peru’s first such facility and one of only five such plants in Latin America – has produced and delivered more than 3 million gallons of LNG, Okra noted in a written statement emailed to Rigzone. The company added the technology enables the northwestern Peruvian region to tap and utilize its natural gas reserves, even when no pipeline infrastructure exists.

According to Okra, the LNG plant can service off-grid markets via a “virtual pipeline” of shipments. Andrea Ravenat, Okra's chief operating officer, told Rigzone that LNG - taking up just one-six hundredth the volume of natural gas - is easy to transport to destinations without pipeline access. 

"ISO (intermodal) containers enable the transport of LNG via truck, rail and/or ship, enabling the convenient and affordable delivery and storage of energy for factories, power grids and industries," she said.

Okra also stated that all of the Colan plant’s LNG output – nearly 20 percent of Peru’s available LNG supply – has been presold for manufacturers and gas distributors and that subsequent liquefaction trains are under contract. The firm also noted that pending contracts for additional plants demonstrate the demand for natural gas in Latin America’s manufacturing sector.

“Okra Energy has fundamentally changed the LNG sector with both pricing and technological innovation, bringing unprecedented affordability and energy security to the marketplace,” concluded Okra Energy CEO Louis Ravenet.