The new affiliate, dubbed Tenaska NG Fuels (TNG Fuels), will assist utilities and customers in the trucking, mining, railroad, vessel and other transportation industries to realize cost savings and meet new as well as changing environmental regulations.
According to Tenaska, TNG Fuels also plans to help customers, manage commodity risk, build commercial arrangements and strategically site, develop and finance production and distribution facilities.
Tenaska CEO and vice chairman Jerry Crouse said the company is well-equipped to meet the needs of the expanding natural gas fuels market.
"We have customers that have looked to us for these services. What the industry needs and what we have to offer are a great match – natural gas pipeline and downstream logistics expertise, a strong record of energy project siting and development, and a commitment to customer service in a credit-worthy package," Crouse said.
NGVAmerica chairman Doug Clark will lead commercial efforts for Tenaska NG Fuels.
Clark said, "The recent proliferation of shale gas production in the United States has made the use of natural gas as a transportation fuel very attractive compared to the traditional diesel fuel used in many types of engines."
