LEADER IN NATURAL GAS FUELING SOLUTIONS
November 13, 2018 – Prometheus Announcements
Prometheus Energy is a pioneer in providing mobile and stationary liquefied natural gas (LNG) solutions to industrial, utility, high-horsepower and other remote customers in North America. Supporting utilities with natural gas via LNG provides flow assurance to address gas interruptions, gas curtailments and critical peak demand during extreme conditions. Converting industrial fuel consumers to natural gas can lower their overall fuel costs and improve the environment.
Environmental Benefits of LNG
Natural gas combustion produces 20-30% less CO2 than distillate fuels per unit of work delivered.
Emissions of nitrogen oxides–a leading component in smog and ozone pollution–are reduced by 75% or more.
Particulate matter is reduced by over 90%.
Emissions of sulfur oxides are reduced by 50% or more when combustion fuel is switched from a distillate fuel to natural gas.
Prometheus Energy provides industrial users with a cleaner-burning, more affordable fuel resulting in lower fuel costs and less harmful emissions than fuels derived from crude oil-(e.g., propane, diesel, and heating oil). Liquefied natural gas (LNG) is predominantly a domestic fuel source that drastically reduces dependence on imported crude oil and thus reduces oil imports to North America.
PROMETHEUS ENERGY SOLUTIONS
Prometheus Energy is the only distributor of LNG in North America with a national footprint and an import/export license. This ensures that our LNG supply meets our customers’ demand in all circumstances. Prometheus Energy owns and operates an LNG production facility and has agreements with more than 20 LNG production facilities in North America.
LNG LOGISTICS & DISTRIBUTION
Prometheus Energy’s logistics team operates “24/7/365” to meet customer requirements. Primary, secondary and tertiary supply sources are developed during the logistics planning phase, ensuring that LNG supply will always be available. Prometheus Energy has one of the largest fleets of cryogenic LNG tankers making scheduled deliveries to customers all across North America. To date, Prometheus Energy has delivered approximately 12,500,000,000 SCF of gas in >17,000 deliveries.
STORAGE, REGAS & FIELD SERVICES
Customer project sites and consuming locations are planned by Prometheus Energy’s project management team in collaboration with our customers to provide optimum LNG storage and regasification solutions. Storage and regas systems are engineered to ensure reliability, meet demand and comply with all safety regulations. Experienced field service technicians and technical support personnel are available for project commissioning, operations and maintenance for all project sites.
Supplier of Liquefied Natural Gas (LNG) in North America
Prometheus Energy is the leader in the downstream market for LNG as an industrial fuel throughout North America. Historically, large energy consumers with limited or no access to pipeline gas have had little choice but to utilize diesel, propane, heating oil and other fuels derived from crude oil. In the past, many companies suffered from inconsistent fuel prices and were not able to sustain the substantial economic and environmental benefits of using natural gas as a fuel. The price of domestic natural gas has decoupled sharply from liquid hydrocarbons derived from crude oil. With the advent of plentiful volumes of shale gas, the economic benefits of domestic gas are more significant than ever before.
Converting Industrial Fuel Consumers to LNG
The company’s innovative approach has led to numerous first-of-their-kind conversions of industrial fuel consumers to LNG. Successful projects have been executed in various industry sectors. Applications include: seasonal gas utilities support, pipeline outages, E&P, remote power, food processing, ore processing, mining operations, commercial laundries and university complexes. Prometheus Energy’s unique business model enables flexible solutions that are tailored to individual customer needs. Prometheus Energy’s commercial innovation is matched with its capability for technical innovation. This technical innovation is achieved under an experienced leadership team supported by a skilled and committed staff.
MARKETS & INDUSTRIES
Prometheus Energy is leading the development of the emerging natural gas industrial market, with delivered volumes growing at a compounded annual growth rate in excess of 40% over the last four years. Prometheus Energy provides customized turnkey solutions: storage and regasification, full requirements fuel supply, and complete operations and maintenance services.
Prometheus has executed over 120 projects at various locations throughout the United States and Western Canada. We have delivered more than 17,000 tanker loads, over 150 million gallons (12,500,000,000 SCF) and operated with > 99.97% delivery reliability with no lost-time incidents (LTI’s). Prometheus Energy’s safety, operational excellence, people and customer service have earned us a reputation that few can match. See our Case Studies of how Prometheus Energy can help you meet your fueling objectives with clean, safe, reliable natural gas.