Press Release
TEPCO F&P signs MOU with Abu Dhabi Gas Liquefaction Company Limited ~Intend to provide O&M services using TEPCO F&P’s KAIZEN approach to LNG liquefaction facilities~
Mar 18, 2019
TEPCO Fuel & Power, Inc.
TEPCO Fuel & Power, Incorporated (TEPCO F&P) and Abu Dhabi Gas Liquefaction Company Limited (ADNOC LNG) announced today that they have signed a memorandum of understanding on March 17, 2019 to explore the potential for TEPCO F&P to provide technical consulting services relating to operation and maintenance (hereinafter referred to as, “O&M”) practices across the LNG value chain using TEPCO F&P’s Kaizen approach.
The MoU aims to examine the possibility of reaching an agreement under which the parties would exchange technical know-how and assess the utilization of innovative technologies, by applying TEPCO F&P’s Kaizen methods across the LNG value chain.
By refining Kaizen methods and applying them to thermal power stations, TEPCO F&P has successfully shortened the duration of outages and reduced maintenance and procurement costs. TEPCO F&P also provides O&M services refined using the Kaizen methodology to thermal power stations owned by other companies.
Following a formal agreement between the parties, the arrangement would be TEPCO F&P’s first initiative to leverage the experience and technical skill it has cultivated over time to provide O&M practices to LNG liquefaction facilities, which are located upstream in the value chain (series of processes from LNG procurement to thermal power plant introduction).
The MOU will be succeeded by JERA in April 2019.Henceforth JERA will continue to proactively provide O&M services to the entire LNG industry from upstream to downstream.
It has been 50 years since TEPCO F&P imported LNG on behalf of Japan for the first time on November 4, 1969.The DAS project, through which ADNOC LNG sold LNG to Japan, was TEPCO F&P’s first LNG project in the Middle East.
Over the approximate 40 years since that time, we have laid a solid foundation of mutual trust.The signing of this MOU has made that relationship of trust even stronger and both entities will strive to enhance the corporate value of each company.
About ADNOC LNG
Company Name : Abu Dhabi Gas Liquefaction Company Limited
CEO : Fatema Al Nuaimi
Founded : 1973
Location : The United Arab Emirates (UAE)
ADNOC LNG is a gas processing and LNG producing company based in Abu Dhabi,
it processes and produces LNG, LPG, paraffinic naphtha and Sulphur, which are exported to international markets. ADNOC LNG also supplies one billion standard cubic feet of gas per day to the UAEs national grid.
