I wrote previously about the strange Energy World Corporation (EWC). See “Getting oil on my shirt”.
Some follow up is warranted – as I left the question as to who had the technology open. But I think we can decide pretty quickly who is telling the truth. Here are some direct quotes from EWC and Chart Industries.
The Company has placed contracts with Chart Energy and Chemicals Inc (Chart) for four 500,000 tonnes per annum liquefaction plants and associated major equipments. As subcontracts to Chart the motor-driven MR compressors will be supplied by Siemens AG,
Chart Industries to Supply Four LNG Liquefaction Trains in Indonesia for Energy World Corporation Equipment orders exceed $100 million
CLEVELAND, July 2  /PRNewswire-FirstCall/ -- Chart Industries, Inc. (Nasdaq: GTLS) announced that its wholly-owned subsidiary, Chart Energy & Chemicals, Inc. ("Chart E&C"), has been awarded significant orders totaling in excess of $100 million from Energy World Corporation Limited ("EWC") to supply Cold Boxes, Brazed Aluminum Heat Exchangers, Air Cooled Heat Exchangers and ancillary equipment for four 500,000 tons per year Liquefied Natural Gas ("LNG") Liquefaction Trains to be installed by EWC in Southeast Asia. The trains are intended to provide LNG to meet the growing demand for LNG in
Do you notice any difference between these statements?
Well – there is some difference between an “LNG Plant and associated major equipment” (as per the EWC statement) and “Cold Boxes, Brazed Aluminum Heat Exchangers, Air Cooled Heat Exchangers and ancillary equipment” as per the Chart release.
For a start nobody has mentioned purification (essential because otherwise the carbon dioxide that exists in all gas freezes in the cold-boxes and blocks the equipment), storage tanks, port facilities, pipelines to the gas field or anything else. The storage tanks are particularly expensive.
As an afterword: Funnily enough there is no point using Google to find anything put out by EWC. They format all their releases as PICTURES not as text – which makes them impossible for Google’s bots to dictate. I had to retype…
Further EWC doesn’t maintain a website – something that is unusual for a multi-billion dollar company.