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Published 3 months ago

Richmond's Cryopeak LNG and Ferus merge

Summary by Ground News

Cryopeak will be the largest private, vertically integrated, LNG producer and service provider in Canada. Cryopeak was founded in 2012 in Richmond, focusing on LNG delivery for power and heat to remote communities and industrial sites. It sources LNG from FortisBC, which produces it from its Tilbury Island plant and trucks it by special LNG containers.

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Richmond's Cryopeak LNG and Ferus merge

Two small merchant LNG companies – one in Richmond, one in Alberta – are merging into one larger company.

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