World-class EPC and partnership approach helps small scale LNG and natural gas companies achieve big objectives.
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Just a decade ago, the U.S. was expected to be a primary importer of liquefied natural gas (LNG), and — except for peak shavers to support periods of short supply — demand for small scale LNG facilities to support other high-horsepower applications was nearly non-existent. At the same time, world leaders and regulatory organizations began setting and implementing standards to reduce the amount of carbon dioxide, particulates and other pollutants emitted by hydrocarbon fuels such as coal and diesel. Among these standards are the United Nations’ International Maritime Organization’s 2020 decision and the Kyoto protocol, as well as the Environmental Protection Agency’s Diesel Fuel Standards to lower sulfur levels in all transportation fuels.
Just 10 years later, the abundance of natural gas being recovered through horizontal drilling and hydraulic fracturing, especially in the major shale plays, has put North America at the forefront of providing the clean, sustainable fuel needed to power the economy — a dramatic evolution in a relatively short period of time.
As the natural gas market has evolved, so, too, has Matrix Service Co. (Nasdaq: MTRX) and its subsidiaries (Matrix Service, Matrix NAC, Matrix PDM Engineering and Matrix Applied Technologies). It is an evolution that has been both strategic and timely, especially as the abundance of natural gas has driven demand for infrastructure that includes gas processing