Encana partners with Ferus to build LNG fueling facility in Alberta

“LNG is quickly becoming the fuel of choice for HHP engines in both highway and off-road applications in North America,” said Eric Marsh, Executive Vice-President, Encana Corporation & Senior Vice-President, USA Division. “With this new LNG plant, Encana and Ferus LNG are meeting a growing market demand by helping diesel consumers in northern and western Canada make the switch to cleaner-burning natural gas to both save costs and reduce their emissions.”

This joint venture project is unique in that it brings together two experienced and complementary parties who, in addition to enabling their business partners and customers to switch to LNG, have committed to using the fuel for their own internal consumption. In 2011 alone, Encana saved $12 million in fuel costs by using natural gas instead of diesel in drilling rigs and company trucks and is on track to exceed this figure in 2012.

“Ferus understands the economic and environmental benefits of using LNG as an alternative fuel, and as such, not only are we operating the first two LNG tractors in Alberta, we plan to convert our entire truck fleet over the next five years,” said Richard Brown, President and CEO of Ferus. “We are very pleased to be working with Encana to help develop the natural gas engine market by ensuring fuel supply and operating the necessary equipment to safely and reliably get the product to our customers’ site.”

Source: Encana Corporation & Ferus LNG Inc.