Category : Natural Gas
Clean Energy Fuels Corp., GE Ventures, GE Financial Services and Ferus Natural Gas Fuels have formed an alliance in a bid to supply and deliver LNG. The group has named themselves Eagle LNG partners and has a vision to develop and own small-scale LNG liquefaction facilities. Upon conversion of natural gas to LNG, they will able to store and transport LNG for domestic customers. Anticipated customers of the commodity include rail lines, marine companies, long-haul trucking companies as well as companies that use Liquid Natural Gas to power their operations.
No announcement has yet been made by the Eagle LNG Partner about the facilities or storage locations they plan to invest in; however, they have demonstrated an interest in projects located in Ohio, North Dakota, Colorado as well as the Texas Eagle Ford Shale area.
Ferus’ CEO Dick Brown stated that the group is responding to the plight of LNG customers who want safe and reliable delivery of natural gas to their operations at a price that is predictable.