Tenaska, the leading independent energy company, is planning to launch a marketing and development affiliate in response to the growing use of liquefied natural gas (LNG) in the transportation sector.
The company, known as Tenaska NG Fuels LLC (TNG Fuels), will focus on using LNG as fuel in high horsepower engines. Chairman of Natural Gas Vehicles for America (NGVAmerica) Doug Clark has signed on to lead commercial activities for the new affiliate.
TNG Fuels will leverage Tenaska’s energy marketing expertise and its 26 years of project development and commercial financing experience to assist utilities and customers in the transportation industries to understand cost savings and meet new environmental regulations.
“Tenaska is well-equipped to meet the needs of this expanding natural gas fuels market,” commented Jerry Crouse, Tenaska CEO. “We have customers that have looked to us for these services. What the industry needs and what we have to offer are a great match – natural gas pipeline and downstream logistics expertise, a strong record of energy project siting and development, and a commitment to customer service in a credit-worthy package.”
Importance of LNG as fuel
“The recent proliferation of shale gas production in the United States has made the use of natural gas as a transportation fuel very attractive compared to the traditional diesel fuel used in many types of engines,” Doug Clark explained.
“Tenaska’s message to the NG fuels market is pretty simple: You have options. We are ready to be one of them. And we have a record of delivering value in each of these services,” added Clark.
Tenaska, based in Omaha, is one of the leading independent power producers in the US.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/small-scale-lng/04102013/lng_transportation_company_launched_294/