Chelsea Natural Gas Orders 20 CNG In A Box Systems to Meet Needs of
Chelsea and GE Working to Develop Canada's Natural Gas Fueling
GE's Technology Offers Cost-Effective "Plug-and-Play" Design for Fleet and Retail Fueling
TORONTO, Oct. 1, 2013 /CNW/ - Seeking to meet the demand for natural gas
used for fueling vehicle fleets, Chelsea Natural Gas Ltd. purchased 20 GE Oil & Gas (NYSE: GE) CNG In A Box™ fueling systems as part of the Canadian energy company's efforts to
develop the country's natural gas fueling infrastructure. This order
marks the first entry of GE's compressed natural gas (CNG) fueling
solution into Canada.
Chelsea Natural Gas, a leader in Canada's CNG industry, specializes in
expanding public use of natural gas as a transportation fuel as an
abundant, reliable and cleaner-burning source of energy alternative to
diesel or gasoline. The company plans to use GE's CNG fueling stations
in a semi-private "card lock" format to address the need in Canada for
shared fueling stations by smaller fleet owners, ensuring the
conversion to natural gas vehicles makes sense economically. The first
units will be delivered in December 2013 to one of Chelsea Natural
Gas's new fueling stations scheduled to open in the spring of 2014.
"In Canada, where commercial fleets are smaller, it is hard for
individual fleet operators to justify the expense of building their own
natural gas refueling facilities," said Steve Carmichael, CEO of
Chelsea Natural Gas. "GE's CNG In A Box solution allows us to offer a
cost-effective way for vehicle fleet operators to take that first step
in taking advantage of the economic and environmental benefits that
come with using natural gas as a transportation fuel."
CNG fueling through the GE ecomagination qualified CNG In A Box solution
reduces CO2 emissions by 24 percent (2.2 metric tons per vehicle, per year as
compared with gasoline), and its CO, NOx, PM and VOC reduction benefits are even greater. A vehicle using CNG
can reduce annual fuel costs by up to 40 percent.1
GE's CNG In A Box solution is a fully integrated, modular natural gas
production system that offers rapid "plug-and-play" simplicity to
promote the use of natural gas as a transportation fuel for both fleet
and retail fueling stations. For Chelsea Natural Gas, several of the
CNG In A Box units will feature a specialized cold-weather design to
withstand the harsh conditions of the Canadian climate. The solution
also features commercial quality GE Wayne CNG fueling dispensers that
are payment enabled and as user friendly as traditional diesel
This flagship order is a result of a broader GE Canada initiative to
work collaboratively with industry leaders to help transportation
companies integrate natural gas fueled vehicles in their fleet.
Combined with financing from GE Capital, customers can benefit from
GE's wealth of expertise and financing options in the transportation
sector to help move toward a cleaner, economic fuel for their vehicles.
"By combining the natural gas expertise of our GE Oil & Gas business
with GE Capital's knowledge of the Canadian transportation industry, GE
Canada brings more than just a fueling product to the market," said
Keith Triginer, president & CEO of GE Oil & Gas Canada. "We believe
this holistic approach to promoting natural gas vehicles will help
companies capitalize on what we expect to be a major game changer in
the transportation sector. Although achieving scale remains a key
challenge in Canada, we are fortunate to collaborate with companies
like Chelsea Natural Gas that are actively working to develop the
country's natural gas fueling infrastructure."
The project is GE's first CNG In A Box system order in Canada and
follows the recent order for the technology by China's Endurance
Industry. GE continues to work with its customers to provide localized
solutions that address regional natural gas and fueling challenges,
promoting the use of natural gas as a transportation fuel around the
1 Assuming average light-duty vehicles travel 49,500 km/year at 8.08
km/ltre, with $0.37/GLE pricing differential between CNG and gasoline.
GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in
energy, health and home, transportation and finance. Building,
powering, moving and curing the world. Not just imagining. Doing. GE
works. For more information, visit the company's website at www.ge.com.
About GE Oil & Gas
GE Oil & Gas is a world leader in advanced technologies and services
with 43,000 employees in more than 100 countries supporting customers
across the industry—from extraction to transportation to end use. Our
unrelenting commitment to the environment, health and safety, quality
and integrity defines us: it's The Way We Work.
We develop smart solutions for our customers across the oil and gas
value chain delivering the innovation, customized service solutions,
training programs and technology that helps them to maximize their
efficiency, productivity and equipment reliability.
We partner with our customers to develop their next generation
workforce; help them to fully benefit from the megatrends of natural
gas, the growth of subsea and hard-to-reach reserves and the revolution
in asset health management. Follow GE Oil & Gas on Twitter @GE_OilandGas.
About Chelsea Natural Gas
Chelsea Natural Gas Limited is a Vancouver based corporation that
will build and operate compressed natural gas (CNG) filling stations in
business communities throughout Ontario and BC. We want to help reduce
the cost of fuel in fleet vehicles and to assist local communities and
businesses in reducing their carbon footprint, while providing a
cleaner and healthier environment for tomorrow. For more information
about Chelsea, please visit www.chelseacng.com
SOURCE: General Electric Canada Inc.
For further information:
GE Oil & Gas
+1 713 396 6630
Bailey Feldman or Howard Masto
Masto Public Relations
+1 518 786 6488
+ 1 905 858 6130