LNG

Oct 13 (LNGJ) - Chart Industries is providing the system engineering, manufacturing, and start-up of the LNG storage and vaporization system for the gas-fuelled power plant at Stornoway Diamond Corp.'s Renard mine in the Otish Mountains of Quebec. The Renard LNG power plant will comprise seven 2.1 megawatts gas gen-sets, providing sufficient power generation capacity for the project's normal operating specification of 9.5MW. Chart said that according to a study performed on their behalf, Stornoway estimates that by utilizing LNG to run the power plant instead of diesel, it will realize operating cost reductions of between $8 million and $10M per year over the initial 11 years of mining.