Company News Summary
Blue Energy Joins Forces in Small Scale LNG and CNG Projects with KOGAS
16 Mar 2010 | 12:05:00 | Associate analysts | Increase | Decrease |
Original announcement: KOGAS and Blue Energy MOU
Blue Energy announced it has signed a Memorandum of Understanding (MOU) with Korea Gas Corporation (KOGAS) to investigate the feasibility of developing small scale Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) projects within Eastern Australia. A joint working group will be formed by Blue Energy and KOGAS with the purpose of identifying potential opportunities for the development and operation of micro LNG and CNG facilities with the aim of providing a clean, environmentally friendly alternative to existing fuels such as diesel, petrol and LPG.
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