Quantum confirms purchase order from XNG for virtual pipeline trailers

Quantum Fuel Systems Technologies Worldwide, Inc. (Quantum) – a global leader in natural gas storage and delivery systems, integration and vehicle system technologies – has announced receipt of a purchase order from Xpress Natural Gas LLC (XNG) for the delivery of 15 Q-VP [650]^TM virtual pipeline trailers with delivery dates expected to start in 2H16 following the company's receipt of regulatory approval for the Q-VP [650] trailer. The order includes a customer option for 20 additional trailers and system upgrades which, if exercised, would have delivery dates starting in 2017. The trailers will be used to supply natural gas to customers throughout North America that lack access to or capacity on existing pipelines. Quantum's virtual pipeline solution offers higher capacity and storage at pressurisations above what is currently available in the marketplace making the Q-VP [650] an innovative and industry leading technology.

Quantum's, Q-VP [650] is mounted in a 45 in. hi-cube shipping container and has been designed for use on over-the-road trailer and sea applications. The trailers have been integrated with the highest capacity Q-Lite^(R) storage containers available in the industry, delivering approximately 650 000 standard cubic feet of storage when utilised at 5000 psi system levels. Short to medium distance shipping of CNG is more cost effective than shipping LNG and many other fuels. Products such as Quantum's Q-VP [650] can open up a broader group of both domestic and international industrial users of low cost natural gas.

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"We are excited about this very significant virtual pipeline trailer order and to be working with XNG, one of the premier companies in this space. Our trailer offers higher capacity than any other trailer in the market today and is a testament to our ability to engineer the future of CNG storage," said Brian Olson, President and CEO of Quantum.

"We believe there are far-reaching opportunities for virtual pipeline distribution of compressed natural gas. Industries and gas-fired power plants need very large quantities of natural gas to operate and the demand for natural gas is growing and will not be met with traditional pipelines alone," concluded Mr. Olson.

"The engineering design and high capacity storage of Quantum's new virtual pipeline trailer will allow us to substantially improve our transportation efficiencies in delivering CNG to our customers," said John Nahill, CEO of XNG. "We are excited to be working with Quantum and look to their technology to help our company continue to find innovative ways to meet the growing need and demand for natural gas across the US and Canada."

The order is subject to cancellation and/or price reduction at the option of XNG if the company fails to obtain the requisite regulatory approval for the Q-VP [650] trailer by 1 August 2016.

Quantum pioneered Type IV composite technology to achieve the highest storage efficiency and capacity of its CNG tanks and complete fuel systems. Quantum's cylinders are now being offered in 30 in. dia. configurations enabling efficient and cost effective storage solutions. Quantum's, Q-VP [650] trailer contains Quantum's proprietary, ultra-light proprietary Q-Lite CNG storage cylinders, which allow lighter weight structures while still meeting critical shock and vibration requirements. The Q-VP [650] is capable of storing gas at pressures up to 5000 psi, which enables approximately 20% more fuel capacity compared to standard 3600 psi systems.

Edited from source by Stephanie Roker

Read the article online at: https://www.worldpipelines.com/business-news/12022016/quantum-confirms-purchase-order-from-xng-for-virtual-pipeline-trailers/