Italy 's GE and Snam -owned Baker Hughes have agreed to assess the feasibility of developing four micro-liquefaction plants across Italy by 2015 , including making bio-LNG for transportation. Bio-LNG is liquefied biomethane made from the organic fraction of refuse or from agricultural and agro-industrial biomass. The potential overall investment will be between €50m-€80m ($ between €50m-€80m m), with the exact sum to be determined depending on results of the study. The intended output of the four plants is approximately 140,000 tonnes per year.
Italy's Snam and GE-owned Baker Hughes have agreed to assess the feasibility of developing four micro-liquefaction plants across Italy by the end of this year, including making bio-LNG for transportation. Bio-LNG is liquefied biomethane made from the organic fraction of refuse or from agricultural and agro-industrial biomass. The potential overall investment will be between €50m-€80m ($59m-$94m), with the exact sum to be determined depending on results of the study. The intended output of the four plants is approximately 140,000 tonnes per year.