19 November 2013 17:52 [Source: ICIS news]
TORONTO (ICIS)--Canadian energy firms Ferus Natural Gas Fuels and ENN Canada are planning to form a joint venture that will build two liquefied natural gas (LNG) liquefaction plants in western Canada, they said on Tuesday.
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Both facilities would initially provide 100,000 gal/day of LNG, “with the ability to expand as demand grows”, the companies said. Construction is expected to begin in early 2016. Financial details were not disclosed.
Henry Cai, CEO of ENN Canada, said that LNG would represent a cost savings of up to 40% compared with diesel, as well as a 25% reduction in greenhouse gas emissions.
"It is another step on the road to finding new uses and new markets for our abundant natural gas resources [in
Ferus specialises in building and operating cryogenic and micro-LNG plants and distribution equipment. ENN Canada has expertise in building and operating LNG and liquefied compressed natural (LCNG) gas stations.
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