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Emerson Lands Flow Measurement
Project in China for One of World's Largest Pipelines
AUSTIN, Texas--(BUSINESS WIRE)--May 19, 2003-- In the largest project
awarded in China for custody transfer measurement, Emerson Process
Management, an Emerson business, has been selected to supply a Ultrasonic
Custody Transfer flow measurement solution for the $8.9 billion PetroChina
West to East Natural Gas Pipeline (WEPP).
Ranked
as one of the largest pipelines to be built in the world, the 4,000 Km
pipeline will transport natural gas from the Tarim Basin in the northwest
region of Xijiang to Shanghai, China's largest city. Engineered using
Daniel® flow measurement equipment, the Emerson contract value is estimated
to be $7 million. PetroChina has completed a joint framework agreement with
Shell, ExxonMobil, Gazprom, Hong Kong and China Gas for participation in the
project. Accurate, reliable custody transfer measurement is critical
for fiscal accounting and taxation purposes. Even small errors in daily
metering have significant financial impact. "Emerson was selected
because of its commitment to the China market and its tremendous fiscal gas
measurement experience with Daniel solutions," said Chen Xiwu, vice
president of the WEPP project. "Transporting more than $4 billion of gas
annually, we need to insure that our custody transfer measurement system is
as accurate and reliable as possible. Emerson's Daniel flow measurement
equipment will meet our needs. We are also impressed with Emerson Process
Management's commitment over issues like product quality, engineering
services and delivery terms."
The project will satisfy the increasing
demand for cleaner energy in the wealthy Shanghai region, while boosting
investment in the Xijiang area. Emerson will supply 13 Daniel SeniorSonictm
ultrasonic custody transfer metering skids, including Danalyzertm gas
analyzer systems and control room based data collection and management
systems. The metering skids will be installed and operational for the
proposed 2004 initial delivery of gas to the Shanghai region. "We are
pleased to be awarded the opportunity to contribute to this landmark
project, supplying our products and services to the China market," said John Berra, president of Emerson Process Management. "Emerson is committed to
providing high quality and reliable fiscal measurement technology. Our
expertise in natural gas measurement comes with a high commitment of
customer service. We expect tremendous market growth in China, and we will
continue to make investments to better support the needs of our customers in
this emerging world area."
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, power, pulp and paper, food and beverage, pharmaceutical and other
industries. A division of Emerson Process Management, Daniel Measurement and
Control (www.daniel.com) is a global
leader in providing fiscal flow and energy measurement solutions to the oil
and gas industry. Daniel integrates products and services to supply
best-in-class integrated custody transfer measurement systems for both
liquid and gas measurement. Daniel custody transfer measurement systems are
an example of Emerson's combining of superior products and technology with
industry-specific engineering, consulting, project management and
maintenance services. Emerson brands include Daniel®, PlantWeb®, Fisher®,
Micro Motion®, Rosemount®, DeltaVtm, Ovation® and AMS.
About Emerson
St. Louis-based Emerson (www.gotoemerson.com)
is a global leader in bringing technology and engineering together to
provide innovative solutions to customers in process control; electronics
and telecommunications; industrial automation; heating, ventilating and air
conditioning; and appliance and tools. Sales in fiscal 2002 were $13.8
billion. Daniel, PlantWeb, Fisher, Micro Motion, Rosemount, DeltaV and
Ovation are marks of Emerson Process Management. Other marks are the
property of their respective owners.
Contact:
Emerson Process Management, Austin
Peter Dossing, 512/832-3162
Peter.dossing@emersonprocess.com
or
Daniel Division:
Jim Jennings, 713/467-6000
Jim.Jennings@emersonprocess.com
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