Pakistan: Hexagon Composites’ newly acquired subsidiary, xperion Energy & Environment, has received an order for X-STORE gas container modules from EGAS Pvt. Ltd with a total estimated value of EUR 2.6 million (around NOK 21 million).
EGAS, one of the leading gas distributors in Pakistan, sees increased demand for Mobile Pipeline Compressed Natural Gas (CNG) solutions for industrial customers in areas not served by pipelines.
While natural gas is a limited resource in Pakistan, piped gas to CNG stations and industries are being closed down during the winter season in order to dedicate this fuel to power plants for electricity generation.
Since 2013, EGAS has operated several X-STORE modules serving oil wells for capturing and compressing flare gas. In 2016 EGAS bought TITAN modules from Hexagon Composites’ US-based subsidiary Hexagon Lincoln.
The Mobile Pipeline modules are used to supply the captured CNG to industrial users with stable energy demand, such as hotels, fueling stations and the textile industry.
“As EGAS continues its expansion, we are proud to remain as their partner,” says Hartmut Fehrenbach, Business Unit Director of Mobile Pipeline at xperion Energy & Environment. “Lower CNG prices paired with higher transport efficiency improve the competitiveness of Mobile Pipeline operators and favor our all-composite mobile solutions.”
“Both X-STORE and TITAN gas modules have proven to be very suitable solutions in our endeavor to support the authorities’ ambition of securing Pakistan’s natural gas supply,” says Hassan Raza, Executive Director at EGAS. “Hexagon Composite is a reliable partner and we expect more cooperation as we continue to expand our business.”
The X-STORE 48-foot modules are scheduled for delivery in the second quarter of 2017.
In October 2016, Hexagon Composites acquired xperion Energy & Environment in Germany to strengthen its position in the global composite pressure cylinder and systems market. xperion Energy & Environment, headquartered in Kassel, Germany, is a leading manufacturer of all-composite high-pressure cylinders for the automotive industry and gas transportation. The X-STORE modules expand the Hexagon Composites’ Mobile Pipeline product portfolio.
