SOURCE: Zeus Development Corporation
HOUSTON, TX--(Marketwire - Oct 11, 2012) - The 2013 World LNG Fuels Conference will be held at Houston's George R. Brown Convention Center January 21-23, 2013. In its third year, the World LNG Fuels Conference creates an environment for productive business development, market awareness, and cultivation of new relationships. The event attracts key decision-makers, buyers and influencers representing leading organizations from around the world. Industry and government organizations such as NGV America, the Gas Technology Institute, CalStart, and the Texas General Land Office are coming together to support the event.
"The event will be the largest ever as we expect more than a thousand participants and leaders from the industry, together in one place for two packed days," said Bob Nimocks, President of Zeus Development Corporation, a key underwriter of the industry meeting. "We're very proud that so many organizations have come together to support greater use of natural gas as fuel, especially for high-fuel-consumption sectors where the economics are so compelling. We are at a turning point in the industry and its impact on the economy."
For high fuel consuming fleets, liquefied natural gas (LNG), not compressed natural gas (CNG), is the phase of choice. In liquid form, LNG provides more than twice the energy density of CNG storage, enabling greater range and higher productivity.
"LNG offers great potential for fleets suffering from high oil prices or constrained by emissions regulations," says Tom Campbell, an LNG fuel analyst at Zeus. "With four new engines models set to enter the market beginning early 2013, consumption of domestic natural gas by high horsepower applications will only increase."
New heavy duty natural gas engines are being introduced by Navistar, Cummins, Westport and Volvo. With each new introduction, competition rises and costs fall. Moreover, fleets grow more accustomed to LNG fuel operations.
"We're at the outset of a transformation across the continent that is afforded by the success of natural gas producers," Nimocks said. "We're pleased that this conference offers a venue where industry leaders, innovators, and newcomers can learn about the potential of LNG."
More information and registration details are available online at www.worldlngfuels.com.