GE Oil & Gas Powers World's First Offshore Gravity-Based LNG Terminal.

First Offshore Deployment of GE 10-1 Dual Fuel Turbine Underpins Adriatic LNG's GBS Mega-Project

FLORENCE, Italy -- In a pioneering application for the global liquid natural gas (LNG) industry, GE Oil & Gas technology is powering the world's first gravity-based offshore LNG terminal located 17 kilometers offshore from the town of Rovigo, near Venice, on Italy's north east coast.

Owned and operated by Adriatic LNG, the terminal is moored in waters 30-meter deep and is the world's first use of an artificial island Gravity Based Structure (GBS) for offshore LNG. At the heart of the engineering solution is an enormous reinforced concrete box that rests on the sea floor and houses two LNG storage tanks. Overall, the facility is 375 meters long by 115 meters wide. In addition, the project also marks the first ever offshore deployment of a GE10-1 'dual fuel low emissions' gas turbine system.

Tony Mercer, Project Manager, Aker Kvaerner said: "GE Oil & Gas has risen to the challenge of delivering a fully modularized gas turbine power generation system that will help us to save significant time during the construction and commissioning stages of the Adriatic LNG project. GE's positive attitude and desire to deliver to a tight production schedule was instrumental in overcoming many challenges. We look forward to working with GE Oil & Gas on future projects".

Claudi Santiago, President and CEO of GE Oil & Gas said: "Adriatic LNG and its Qatar Petroleum, ExxonMobil and Edison owners have made the strategic vision of offshore LNG a here-and-now reality. We are delighted that GE technology is helping to deliver this remarkable achievement, especially given the important role that LNG plays within a diversified energy mix. I'm also proud that GE equipment is supporting the project on the supply side through the import of LNG from the RasGas Train-6 in Qatar".

Adriatic LNG mega-terminal: critical to Italy's energy security

The new gas mega-terminal will increase Italy's regasification capacity by 200%, is larger than two soccer fields, as high as a 10-story building and has two LNG tanks with a combined annual capacity of 8 billion cubic meters - representing around 10% of Italy's yearly gas demand.

The Adriatic LNG operated terminal receives LNG shipments from Qatar (80%), Egypt and Trinidad (remainder) twice a week. The LNG is regasified at the terminal and then transported to an onshore metering station, before it enters Italy's gas network.

GE 'Wow' Efficiency Technology Also Does it Cleaner

The LNG mega-terminal's operations are powered by three GE10 low-emission gas turbines - two (2) GE10-1 single gas modules and one (1) GE10-1 dual fuel gas turbine, providing a total power output of 30 megawatts to provide optimum energy efficiency.

In addition, all three units feature GE's advanced Dry Low NOx (DLN) combustion system that achieves NOx emissions below 15 parts per million - enabling the mega-terminal to meet the stringent emissions reduction and environmental regulations prescribed by the Italian regulator.

GE Oil & Gas supplied the units to Aker Kvaerner Contracting International, Adriatic LNG's primary contractor on the mega-terminal project. GE will maintain the terminal's power plant equipment through an 18-year contract service agreement. The gas turbine modules were assembled and full-load tested at GE's Avenza Yard, located near the company's components testing site in Massa, Italy.

Adriatic LNG is a joint venture between Qatar Terminal Limited (45%), a 100% owned Qatar Petroleum subsidiary, ExxonMobil Italiana Gas (45%) and Edison SpA (10%).

About GE Oil & Gas

GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.

About GE

GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health, to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com. GE is Imagination at Work.