COP’s Cascade® Closing Up To Be the Default LNG Technology - Africa’s premier report on the oil, gas and energy landscape.

COP’s Cascade® Closing Up To Be the Default LNG Technology

ConocoPhillips’ Optimized Cascade® technology will see particularly strong growth in the near term, the International Gas Union (IGU) has declared.

“With 12 of the 30 liquefaction trains that have reached Final Investment Decision FID (all located in the US or Australia) adopting this technology, its market share is set to rise from 11% to 23% by 2018”, the IGU states in its just released 2014 report.

But Cascade still has a lot to go in grabbing the market from Air Products. “Air Products continued to dominate the market in 2013”, the IGU report notes. “Of the seven major liquefaction technologies employed worldwide, Air Products’ four LNG processes covered 82% of global nameplate capacity. APC C3MR remained the most heavily utilized technology in 2013, accounting for 51% of capacity. AP-X was used in the Qatari megatrains for another 16% of capacity”.

The report ascribes the dominance of the Air Products technology to its old fashioned reliability. “Given the nature of the APC C3MR technology as a reliable liquefaction technology, new projects continue to announce plans to use the technology, including Gorgon LNG, Papua New Guinea LNG, Donggi-Senoro LNG and Ichthys LNG.

Out of all APC technologies, the APC C3MR/Split MR process is projected to see the most substantial growth, representing 21% of the market by 2018. By 2018, Air Products’ market share is expected to fall to 71% as new projects come online using competing technologies.

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