Arctic Directory April 2015: Crowley first to receive small scale export license

Crowley Maritime Corp.’s subsidiary, Carib Energy LLC, has been granted a 20-year, small-scale U.S. Department of Energy export license for the supply, transportation and distribution of U.S.-sourced liquefied natural gas into Non-Free Trade Agreement countries in the Caribbean, Central and South America. As a result, both commercial and industrial customers within NFTA countries can now benefit from cost-efficient, environmentally friendly LNG exported from the U.S. The licensing permits Crowley to export 14.6 billion cubic feet, 0.04 bcf per day, of LNG - roughly the equivalent of 480,000 gallons - per day via 10,700 gallon ISO tanks to these regions.

In addition to supplying NFTA countries, Crowley will also continue to supply Free Trade Agreement countries with the clean, economical fuel source. Crowley’s Carib Energy was also the first to have been granted a 25-year, small-scale license for the transportation into these FTA countries, a clearance that permits Crowley to transport 11.53 bcf, 0.03 bcf per day or 360,000 gallons - per day of U.S.-sourced LNG into FTA markets in the Caribbean and Central and South America - locations where LNG is an attractive commodity thanks to its low price point in the face of growing power supply costs.

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