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Westport and China’s ENN Group enter global co-marketing agreement for natural gas transportation systems and fuel
1 March 2013
Westport Innovations Inc. and China-based ENN Group have entered a global co-marketing agreement aimed at the proliferation of natural gas and liquefied natural gas (LNG) transportation solutions and fuel for on-road, off-road, rail and marine applications. ENN is one of China’s largest private companies. Other highlights of the agreement include:
Mutual acknowledgement of long-term commitment to LNG infrastructure: ENN is expecting to engage in building liquefaction plants in North America and fuel stations.
ENN to guarantee long term fueling solutions and agreements for its customers Westport to facilitate collaboration between our OEM partners and ENN and provide proposals to ENN and its fleet customers.
Fleet optimization: ENN will look at operating its truck fleet on LNG as a way to optimize fuel cost savings and reduce harmful emissions.
ENN is active across a wide range of energy services, including municipal and home energy services, and has been aggressively building out its LNG fueling business in China, with more than 238 natural gas stations in 59 cities, and plans to develop LNG liquefaction plants and LNG stations in North America. By leveraging their expertise in natural gas vehicle technology and fueling infrastructure, the partners expect to accelerate the adoption of natural gas transportation.
March 1, 2013 in Brief | Permalink | Comments (1) | TrackBack (0)
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"ENN .. plans to develop .. LNG stations in North America."
Interesting that they are investing in LNG.
"ENN.. has been aggressively building out its LNG fueling business in China, with more than 238 natural gas stations in 59 cities."
Reuters reported on March 1 that there are already 70,000 LNG vehicles 400 LNG stations in China.
Sounds like one private company has built half of the LNG stations in China and is entering a global marketing agreement with Westport.
T Boone Pickens will be smiling as the Pickens Plan becomes part of a global trend.
Posted by: SiphoZulu | March 03, 2013 at 05:51 AM