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AUSTIN, TEXAS (October 24, 2006) — Emerson
Process Management, a business of Emerson (NYSE:EMR), has been
awarded the fiscal metering contract for the Fujian LNG-import
terminal project. The terminal being constructed in Fujian
Province, People's Republic of China, will be owned and operated
by CNOOC Fujian LNG Co. Ltd., a co-investment of China National
Offshore Oil Corporation (CNOOC) and Fujian Investment and
Development Corporation. Fujian will be China's second LNG
importation terminal, importing 2.6 million tons of liquid
natural gas annually, intended to supply two major new power
plants, together with the five major coastal cities. Commercial
operation is targeted to begin in early 2008.
Emerson has engineered and delivered its
Daniel® natural
gas metering systems on 12 high-performance gas metering skids
that ensure high-integrity, accurate, reliable measurement of
natural gas volume, quality, composition and calorific value.
Accurate, reliable custody transfer measurement of natural gas
is critical for fiscal accounting and taxation purposes.
Emerson Process Management's Daniel products in this project
include ultrasonic metering skids and gas turbine metering
skids, including products such as the Daniel SeniorSonic™ gas
ultrasonic meters, Daniel gas turbine meters, Daniel flow
computers and Daniel Danalyzer™ gas chromatographs.
"We know we can trust the Emerson Process Management
commitment made to CNOOC in this project," said Mr. Zhang Hao,
general manager of Fujian LNG. "Emerson has an outstanding track
record, and we have been very impressed by the Daniel solution.
The award of this contract is just the beginning of our business
relationship."
"We are delighted to be selected by Fujian LNG for the fiscal
metering responsibility for the second terminal in China,"
commented John Berra, president of Emerson Process Management.
"Emerson is enjoying significant growth in the global LNG
industry, and we are committed to meeting the CNOOC requirements
and timing for fiscal metering with our industry leading Daniel
technology, skids, and services."
About Emerson Process Management
Emerson Process Management (www.EmersonProcess.com),
an Emerson business, is a leader in helping businesses automate
their production, processing and distribution in the chemical,
oil and gas, refining, pulp and paper, power, water and
wastewater treatment, food and beverage, life sciences, and
other industries. The company combines superior products and
technology with industry-specific engineering, consulting,
project management and maintenance services. Its brands include
PlantWeb®, Saab Rosemount®, Fisher®, Micro Motion®, Rosemount®,
Mobrey®, Daniel®, Bristol®, DeltaV™, Ovation®, and AMS™ Suite.
About Emerson
Emerson (NYSE: EMR), based in St. Louis, is a global leader
in bringing technology and engineering together to provide
innovative solutions to customers through its network power,
process management, industrial automation, climate technologies,
and appliance and tools businesses. Sales in fiscal 2006 were
$20.1 billion. For more information, visit
www.GoToEmerson.com |
