USA: LNG Central to Provide LNG Fuel to Domestic Markets

LNG Central to Provide LNG Fuel to Domestic Markets

LNG Central announced the commencement of its “LNG America Initiative,” a platform designed to provide LNG to domestic markets as a clean and economical alternative fuel choice to petroleum. LNG Central will develop infrastructure and obtain LNG supply in order to provide LNG to marine users for bunkering fuel and to domestic users for transportation fuel for high horsepower engines.

As part of the LNG America Initiative, LNG Central will form a new company to own and operate the logistics infrastructure needed to deliver LNG to domestic markets when and where it is needed.

LNG Central has signed a letter of intent with Cheniere Energy, Inc. which sets the framework for Cheniere to arrange LNG supply for the LNG America Initiative and become an investor in the new company, subject to mutually agreeable terms.

“Through our LNG America Initiative, we will develop the infrastructure and logistics needed to become a major new provider of LNG to domestic markets,” said Keith Meyer, CEO of LNG Central. “Using America’s abundant natural gas supply to fuel American engines is just good business. Cheniere’s interest in our LNG America Initiative represents a key building block in the development of our platform and the securing of LNG supply and we look forward to building the relationship and exploring opportunities.”

[mappress]
LNG World News Staff, June 11, 2013