New joint venture will set up LNG plants to improve Canadian fueling market

The partnership brings together two major players in the North American natural gas fueling market. Ferus specializes in building and operating cryogenic and micro-LNG plants and distribution equipment, and ENN, which is developing LNG refueling infrastructure across the country, brings expertise in the construction and operation of LNG/LCNG stations and provides assistance in acquiring and transitioning to NGVs.

Both facilities will initially be built to produce 100,000 US gallons per day of LNG, with the ability to expand as demand grows. Site selection will be determined within six months, and construction will be initiated immediately afterward. First product is expected early in 2016.

As operator, Ferus is responsible for the design, engineering, construction, operation, and marketing and sales of both facilities. In turn, ENN has committed to a significant amount of the LNG produced at these plants for its planned fueling stations.

“In order for our customers to make the switch to natural gas, they need certainty of an uninterrupted supply of LNG to fuel their equipment. These two LNG liquefaction plants, along with the specialized distribution equipment and planned retail fueling stations, will ensure that supply, which in turn will promote and facilitate the widespread usage of LNG in Western Canada,” said Dick Brown, CEO of Ferus Natural Gas Fuels.

Source: Ferus