Pivotal LNG, Inc. (Pivotal LNG), a wholly owned subsidiary of AGL Resources Inc. (NYSE: GAS), and WesPac Midstream LLC (WesPac) have signed a long - term agreement with TOTE, Inc. (TOTE) to provide liquefied natural gas (LNG) to fuel TOTE’s two new state - of - the - art containerships.
Pivotal LNG and WesPac are addressing the growing demand for LNG in the southeast by constructing a new natural gas liquefaction facility in Jacksonville, Fla. The land has been purchased, the engineering a nd permitting process is advancing, and the new Jacksonville LNG facility is expected to be operational in mid - 2016. The Jacksonville site provides the capability to add additional natural gas liquefaction and LNG storage capacity in the future in order to supply other customers in Jacksonville and regional markets.
TOTE’s new dual - fuel ‘Marlin - class’ containerships, the first in the world, are expected to be delivered to Jacksonville in late 2015 and early 2016 and will operate between Jacksonville and Puerto Rico. Operating these new LNG - powered containerships will result in significant emissions reductions, making them the most environmentally friendl y ships in the world. Both ships, powered by dual - fuel LNG engines, greatly surpass the requirements of the U.S. Environmental Protection Agency’s clean air regulations.