Latest update February 1st, 2025 6:45 AM
Nov 01, 2019 News
Rum giant, Demerara Distillers Limited (DDL), has entered a multi-year contract with Trinidad-based ICON LNG for the supply of liquefied natural gas into Guyana using intermodal ISO containers.
It will mark the first LNG import into the country.
The liquefied natural gas will be used as a fuel source for power generation and process heating at DDL’s industrial compound located at Plantation Diamond, East Bank Demerara.
Along with that, ICON LNG was contracted by DDL to convert two Cummins diesel generators to dual fuel running on a blend of diesel and natural gas.
“They will also be designing and installing Guyana’s first ever LNG re-gasification terminal specifically for LNG ISO containers. We are extremely pleased with the start-up of dual fuel operations and LNG deliveries to DDL’s manufacturing facility in Guyana,” said Stephen Scoon, Chairman of ICON LNG.
“Our ability to provide customers a complete LNG equipment and supply solution sets us apart in the market and allows smaller customers access to LNG, an environmentally friendly and affordable fuel, without having to make significant investments in new power generation equipment.”
Liquefied Natural Gas, or natural gas in its frozen form, is currently the world’s fastest growing fuel given its lower levels of greenhouse gas emissions compared to existing petroleum based fuels such as diesel and heavy fuel oil (HFO).
When used for power generation, heating or for transportation, natural gas emits significantly less carbon dioxide (CO2), less sulphur and nitrogen oxides, and almost zero particulate matter, making it one of the cleanest available fossil fuel.
Freezing natural gas into LNG allows it to be shipped almost anywhere using existing methods at competitive prices.
Under the agreement, ICON is set to deliver 80 LNG tanks per year. This will eventually grow to over 100 tanks per year by the second half of 2020 with the addition of a gas fired boiler to DDL’s production line.
“We are very excited to be the first Guyanese company to use LNG for our energy needs,” said DDL’s Chief Financial Officer, Vasudeo Singh.
“As part of our efforts to diversify our fuel supply to cleaner alternatives we studied the options and concluded that LNG is a safe and proven fuel globally as well as here in the Caribbean region where it is already being used in operations similar to ours. We are pleased to partner with ICON LNG who provided us a turnkey equipment and supply solution for regular LNG deliveries that will reduce both our annual fuel expenditures as well as our emissions output.”
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