(ATLANTA, Ga.; September 21, 2014) Pivotal LNG, Inc., a subsidiary of AGL Resources (NYSE: GAS), announced this week a long-term agreement to sell liquefied natural gas (LNG) to Crowley Maritime Corp. subsidiary Carib Energy LLC (“Carib”). The LNG will be delivered to Puerto Rico. This is the first delivery of LNG for industrial customers in that U.S. territory.
“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 to provide clarity around Pivotal’s methods of delivery of LNG from the U.S. mainland to U.S. territories. The FERC order 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. “Our LNG supply agreement with Pivotal, coupled with Crowley’s recent success of obtaining a small-scale export license from the Department of Energy, allows us to meet the current and future energy needs of our customers in the regions where we do business.”
Pivotal filed a petition with FERC on April 11, 2014 (Docket No. RP14-732-000). The order released by FERC was announced on Sept. 4. For more information about LNG solutions, please visit www.pivotallng.com or follow Pivotal on LinkedIn.
About Pivotal LNG
A wholly owned subsidiary of AGL Resources (NYSE: GAS), Pivotal LNG brings liquefied natural gas to companies and industries throughout the United States through reliable, flexible and cost-effective solutions. For more information, visit www.pivotallng.com.
About AGL Resources
AGL Resources (NYSE: GAS) is 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. The company also serves approximately 630,000 retail energy customers and approximately 1.2 million customer service contracts through its SouthStar Energy Services joint venture and Pivotal Home Solutions, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management and ownership and operation of natural gas storage facilities. AGL Resources is a member of the S&P 500 Index. For more information, visit www.aglresources.com.
About Crowley Maritime Corp.
Jacksonville-based Crowley Holdings Inc., a holding company of the 122-year-old Crowley Maritime Corporation, is a privately held family and employee-owned company. The company provides project solutions, energy and logistics services in domestic and international markets by means of six operating lines of business: Puerto Rico/Caribbean Liner Services, Latin America Liner Services, Logistics Services, Petroleum Services, Marine Services and Technical Services. Offered within these operating lines of business are: liner container shipping, logistics, contract towing and transportation; ship assist and escort; energy support; salvage and emergency response through its TITAN Salvage subsidiary; vessel management; vessel construction and naval architecture through its Jensen Maritime subsidiary; government services, and petroleum and chemical transportation, distribution and sales. Additional information about Crowley, its subsidiaries and business units may be found on the Internet at www.crowley.com.
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