GasEntec and Samsung Heavy Industries Announce MOU on Commercializing Small-Scale LNG Liquefaction

BANGKOK--(BUSINESS WIRE)--GasEntec Co. Ltd. (“GasEntec”) and Samsung Heavy Industries Co. Ltd. (“SHI”) have entered into a memorandum of understanding (MOU) for GasEntec to license SHI’s SENSE liquefaction technology for small-scale applications between 50,000 and 1 million tons per annum. Under the MOU, GasEntec and SHI are pursuing the first commercial licensing of SENSE to a party outside SHI. Small-scale LNG is an active segment as producers and industrial users seek to monetize stranded ga