“The emergence of engine technologies that harness the advantages of natural gas as a fuel has generated an opportunity within the commercial fuel marketplace,” said Bob Espey, President and CEO of Parkland. “Both the economic and environmental benefits of natural gas are expected to drive adoption of LNG, which could partially displace diesel consumption for some commercial applications. In addition to fuels, lubricants, and propane, LNG will further enhance our multi-product offering to the commercial fuel segment and position us to serve this emerging market.”
Parkland expects to start shipping LNG in early 2014 and the agreement, which is extendible to ten years, will allow the company to be active in the domestic LNG market, with distribution to customers across Western Canada.
Bob Taylor, business development manager for Shell LNG, commented: “Liquefied natural gas presents a tremendous opportunity for commercial and industrial customers looking for fuel alternatives. Working with Parkland will allow us to indirectly supply commercial customers through Parkland’s established commercial sales network.”
Source: Parkland Fuel Corp.
