FLiNG Energy, based in Indiantown, Florida, has announced that it will service the liquefied natural gas (LNG) and compressed natural gas (CNG) markets in Florida and beyond.
This will include the sourcing and delivering of fuel, as well as the provision of a wealth of valuable related services such as engine and burner conversions, logistics support and commodity risk management. FLiNG will also provide financing options that enable seamless transitions to the newest clean fuel technologies.
FLiNG has designed programs specifically for bulk users that leverage the company’s proximity to Florida ports serving the Caribbean and Central and South America. In collaboration with its partners in Indiantown, FLiNG expects to quadruple its LNG capacity by Q1 2016.
CEO of FLiNG, Shay Grinfield, commented: "We are very excited for the opportunity to serve the local Florida market. Our customers cover the spectrum from industrial plants to on-road fleets. We are also proud to be able to offer excellent financing options to our customers. By reducing the Capital Expenditure Requirements (CAPEX) and leveraging the distillates to Natural Gas spread, we can deliver the required engineering changes using clients' operating budgets. We look forward to expanding our service to enable international bulk users to enjoy our competitive LNG pricing."
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/small-scale-lng/21012014/fling_to_serve_florida_lng_markets_70/