Thursday, September 25, 2014

Pivotal LNG to ship natural gas to Puerto Rico

Pivotal LNG, Inc., a subsidiary of AGL Resources announced this week a long-term agreement to sell liquefied natural gas (LNG) to Crowley Maritime Corp. subsidiary Carib Energy LLC. The LNG will be delivered to Puerto Rico. This is the first delivery of LNG for local industrial customers.

Working closely with subsidiary Carib Energy, Crowley offers LNG-related services that include vessel design and construction; transportation; product sales and distribution, and full-scale, project management solutions.

"We are pleased to work with Crowley to support industries in Puerto Rico with the delivery of cost-effective, emission-reducing LNG," said Stephen Cittadine, president of Pivotal. "Pivotal continues to expand its LNG portfolio, thereby reducing dependency on other petroleum products used by Puerto Rico as well as other U.S. territories.”

Recently the Federal Energy Regulatory Commission (FERC) issued an order that confirms that Pivotal can sell LNG designated to be transported by waterborne vessel to all U.S. territories. To make this possible, Pivotal will load LNG onto international shipping organization (ISO) containers. The ISO containers will then be transported via truck to Crowley’s waterborne vessels in Jacksonville, Fla., and then delivered to Carib’s customers in Puerto Rico.

“Pivotal LNG is a proven leader in supplying LNG to the eastern United States, and we are certainly pleased to have them provide LNG for our markets in Puerto Rico,” said Crowley Vice President Greg Buffington. Carib Energy is the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement (FTA) countries.

Pivotal LNG sells liquefied natural gas to companies and industries throughout the United States. It is a wholly owned subsidiary of AGL Resources, an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services and midstream operations. AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states.


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