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cryopeak-and-ferus-merge-to-form-canadian-lng-business
cryopeak-and-ferus-merge-to-form-canadian-lng-business

Cryopeak and Ferus merge to form Canadian LNG business

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Cryopeak LNG Solutions has combined with Ferus Natural Gas Fuels to form a new LNG production and distribution company, believed to be the largest of its kind in Canada.

Dubbed Cryopeak Energy Solutions, the newly formed business will manage three LNG production facilities in Western Canada and operate the largest fleet of LNG transportation, mobile storage, and regasification equipment.

Calum McClure, CEO of Cryopeak Energy Solutions, believes the company is uniquely positioned to support its customers in integrating LNG safely and efficiently into their operations.

Hitting the ground running, Cryopeak has already announced the acquisition of all LNG assets from Campus Energy Partners Infrastructure LP, including the regional LNG production facility located in Dawson Creek, British Columbia.

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