Emerson Lands Flow Measurement Project in China for One of World's Largest Pipelines
Emerson will perform fiscal gas measurement for $8.9 billion PetroChinaWest-East Natural Gas Pipeline that will transport more than $4 billion ofgas annuallyAUSTIN, TEXAS (May 21, 2003) - In the largest project awarded in China forcustody transfer measurement, Emerson Process Management, an Emersonbusiness (NYSE:EMR), has been selected to supply a Ultrasonic Custody Transfer flow measurement solution for the $8.9 billion PetroChina West to East Natural Gas Pipeline (WEPP). Ranked as one of the largest pipelines to be built in the world, the 4,000 Km pipeline will transport natural gas from the Tarim Basin in the northwest region of Xijiang to Shanghai, China's largest city. Engineered using Daniel(R) flow measurement equipment, the Emerson contract value is estimated to be $7 million. PetroChina has completed a joint framework agreement with Shell, ExxonMobil, Gazprom, Hong Kong and China Gas for participation in the project. Accurate, reliable custody transfer measurement is critical for fiscalaccounting and taxation purposes. Even small errors in daily metering havesignificant financial impact. "Emerson was selected because of its commitment to the China market and itstremendous fiscal gas measurement experience with Daniel solutions," said Chen Xiwu, vice president of the WEPP project. "Transporting more than $4billion of gas annually, we need to insure that our custody transfer measurement system is as accurate and reliable as possible. Emerson's Daniel flow measurement equipment will meet our needs. We are also impressedwith Emerson Process Management's commitment over issues like product quality, engineering services and delivery terms."The project will satisfy the increasing demand for cleaner energy in thewealthy Shanghai region, while boosting investment in the Xijiang area.Emerson will supply 13 Daniel SeniorSonic(TM) ultrasonic custody transfermetering skids, including Danalyzer(TM) gas analyzer systems and control room based data collection and management systems. The metering skids will be installed and operational for the proposed 2004 initial delivery of gas to the Shanghai region. "We are pleased to be awarded the opportunity to contribute to this landmarkproject, supplying our products and services to the China market," said JohnBerra, president of Emerson Process Management. "Emerson is committed toproviding high quality and reliable fiscal measurement technology. Our expertise in natural gas measurement comes with a high commitment of customer service. We expect tremendous market growth in China, and we will continue to make investments to better support the needs of our customers inthis emerging world area."About Emerson Process ManagementEmerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, power, pulp and paper, food and beverage, pharmaceutical and other industries. A division of Emerson Process Management, Daniel Measurement and Control (www.daniel.com)is a global leader in providing fiscal flow and energy measurement solutionsto the oil and gas industry. Daniel integrates products and services tosupply best-in-class integrated custody transfer measurement systems forboth liquid and gas measurement. Daniel custody transfer measurement systemsare an example of Emerson's combining of superior products and technologywith industry-specific engineering, consulting, project management andmaintenance services. Emerson brands include Daniel(R), PlantWeb(R),Fisher(R), Micro Motion(R), Rosemount(R), DeltaV(TM), Ovation(R) and AMS.About Emerson St. Louis-based Emerson (www.gotoemerson.com) is a global leader in bringing technology and engineering together to provide innovative solutions to customers in process control; electronics and telecommunications; industrial automation; heating, ventilating and air conditioning; and appliance andtools. Sales in fiscal 2002 were $13.8 billion.Daniel, PlantWeb, Fisher, Micro Motion, Rosemount, DeltaV and Ovation aremarks of Emerson Process Management. Other marks are the property of their respective owners.
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