The Inventor
• Based in Ashburn, Virginia, USA, expert in alternative fuel technologies
• 50 years of solid engineering and manufacturing R&D experience
• Named inventor on 8 seminal patents and patent applications
• Held senior level positions at US Dept. of Transportation, India’s National Aeronautical Labs, NASA Langley Research Center, and Air Products
The IP Offering
• 3 assets (patents and applications)
• IP filings in USA and India
• Design specifications & documentation
• Professional consulting services for fast commercialization
Global Market
• The global LNG market size was valued at US$14.5 billion in 2022 and is expected to expand at a CAGR of 7.5% reaching US$20.8 billion by 2027
• Global natural gas sector accounted for 39.6 metric tons of methane emissions in 2021
• US became the world’s largest LNG exporter in 2022 averaging 11.2 billion cubic feet per day
• Global liquefaction capacity was 472.4 million tons per annum in April 2022
• Global LNG carrier fleet, which consisted of 641 active vessels in 2022, including 45 floating storage and regasification units and 5 floating storage units, grew 10% in fleet size from 2020 to 2021
The Opportunity
Skylight Intermediaries is marketing a privately held intellectual property development company to commercialize its LNG Boil- Off Gas Collection and Storage IP portfolio. The technology enables the capture of boil-off gas (BOG) from liquified natural gas (LNG) terminals by tapping the gas at ultra-low temperatures off the LNG carriers at loading and unloading transportation ports. The technology significantly cuts methane emission and adds to LNG operations profitability by eliminating product loss.
The IP owner seeks a strategic partner (acquirer or licensee), with global brand and distribution channels, that will enable this technology to be fully commercialized.
The Technology
• The technology centers around a lighter, safer, and cost-effective process for transporting high-density, ultra-cold gas and storing such gas as it warms to ambient temperatures.
• A selected number of Type 3 Ultra-low Temperature, Composite Gas Tanks (e.g. Patent No. 8,474,647) are mounted on a truck (as tubes or cascades) and fitted with a receiving transfer line system;
• BOG at near liquid boiling temperature and at ~18 bar is tapped from the vent nozzle and, via insulated piping, is fed to a first-stage cryo- compressor where the pressure is increased to ~100 bar.
• The output gas from the first stage cryo-compressor is further cooled to -100℃, compressed to ~120 bar, and transferred to the tank system assembled on the truck with instrumentation control to monitor for limiting to the required quantity of gas (the tank system is designed to sustain low temperature without venting of natural gas through travel time to the end user); and
• The empty tanks are returned to the LNG terminal for refilling and transport to the end user.
Benefits
• Prevents methane emissions from large quantities of LNG transporting and distributing tankers, and nearby cryogenic storage tanks at LNG terminals and LNG processing facilities
• Reduces cost of currently practiced reliquefication of BOG and mitigates methane emission
• Reduces transportation costs
• Provides cost-effective solution to rapid adaptation of alternate fuels for transportation vehicles and energy plants
• Enables increased payloads
• CNG vehicles can be refilled without requiring further compression
