New Joint Venture to Build, Own and Operate Two LNG Plants
Ferus Natural Gas Fuels and ENN Canada Corp (a unit of China’s ENN Group) disclosed early Tuesday a new joint venture today to construct, own and operate two new LNG plants in Canada. updated with new image November 21
“The plants will be strategically located in Vancouver, British Columbia and Edmonton, Alberta to service the on-road trucking market as well as other high-horsepower applications including marine, rail, mining, and oil and gas exploration,” states a release.
Both facilities will be built to produce 100,000 U.S. gallons per day of LNG, “with the ability to expand as demand grows.” Sites are to be picked within six months, and construction initiated immediately. First product is expected early in 2016.
Ferus specializes in building and operating cryogenic and micro-LNG plants and distribution equipment, and ENN Canada, which is developing LNG fueling infrastructure across the country, brings expertise in the construction and operation of LNG/LCNG stations and provides assistance in acquiring and transitioning to natural gas vehicles, the announcement states.
Customers Need ‘Certainty of an Uninterrupted Supply’
“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,” Ferus CEO Dick Brown said in the announcement.” 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.”
Ferus, as operator, takes responsibility for the design, engineering, construction, operation, and marketing and sales of both facilities. ENN Canada “has committed to a significant amount of the LNG produced at these plants for its planned fueling stations.”
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Source: Ferus & ENN Canada with Fleets & Fuels follow-up