{
  "id": 7917579,
  "title": "Samsung E&A Targets LNG Liquefaction Market With Modular Package",
  "url": "https://urgent.news/2026/09/17/samsung-e-a-targets-lng-liquefaction-market-with-modular-package",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T01:34:43.000Z",
  "source": {
    "name": "Korea IT Times",
    "slug": "korea-it-times",
    "url": "https://www.koreaittimes.com/news/articleView.html?idxno=157262"
  },
  "original_language": "en",
  "account": "Samsung E&A is expanding its presence in the LNG liquefaction plant market by introducing a modular package at the Gastech 2026 event in Bangkok on September 16. This new solution, known as the LNG Module Package, merges pre-engineered liquefaction processes with modular construction technology, with a focus on small- and mid-scale projects. The package utilizes Honeywell Technologies' AP-SMR® liquefaction technology, which employs a single mixed refrigerant process, coupled with Samsung E&A’s expertise in modular engineering and construction. Unlike traditional plant construction, where most of the equipment fabrication and installation occurs on-site, modular construction involves manufacturing major components off-site before transporting and assembling them at the project site. This approach is expected to shorten the overall project timeline by around 20%, from early development through engineering, procurement, and construction. Samsung E&A aims to leverage this package to secure projects at an earlier stage, offering pre-engineered technical specifications and a clearer project framework during the initial development phase. This strategy aligns with a broader industry shift towards modularization in LNG infrastructure, as developers strive to control costs, reduce project timelines, and minimize risks associated with on-site labor and logistics. While LNG projects are influenced by factors such as gas prices, financing costs, regulatory requirements, and the speed of the global energy transition, the adaptability of modular solutions to individual project conditions is crucial for their commercial competitiveness. Samsung E&A has been intensifying its LNG business as part of a portfolio restructuring, positioning LNG as a key growth area within the New Energy sector. The modular package marks another step in Samsung E&A's strategy to move beyond individual engineering projects towards a standardized approach to LNG plant development and construction. The ultimate objective is to secure a position earlier in the project lifecycle and convert that early engagement into EPC opportunities. Samsung E&A emphasizes that combining proven process technology with modular execution capabilities aims to shorten project schedules and reduce execution uncertainty. They plan to actively respond to the growing demand for modular LNG plants and foster collaboration with customers from the early stages of project development. As global demand for LNG infrastructure evolves in tandem with energy security concerns and rising electricity demand, Samsung E&A's ability to turn this modular technology into commercially viable packages will be pivotal in expanding its LNG business.",
  "summary": "Samsung E&A is stepping up its push into the LNG liquefaction plant market, unveiling a new modular package designed to shorten project timelines and reduce construction risks.The company introduced its LNG Module Package at Gastech 2026 in Bangkok on Sept. 16. The solution combines pre-engineered L",
  "key_points": [
    "Samsung E&A introduces LNG Module Package at Gastech 2026.",
    "Modular construction reduces project timeline by ~20%.",
    "Focus on small- and mid-scale LNG projects."
  ],
  "editors_take": "Samsung E&A's modular LNG liquefaction package aims to capitalize on the industry's shift towards modularization, offering a standardized approach to shorten project timelines, reduce costs, and minimize risks.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}