United Energy Corporation (UNRG), a natural gas-producing energy company, has entered a joint venture with Bridge Energy, LLC to expand its liquified natural gas (LNG) processing capabilities in Oklahoma and Kansas through scalable gas liquefaction systems. The partnership will help UNRG cater to new markets looking to switch from heavy-burning fuels, such as diesel, to LNG.
"This partnership will enable us to capitalize on the growing demand for LNG and meet the energy needs of diverse industries and markets," said Brian Guinn, UNRG CEO.
UNRG will receive and install its first system, provided by Arc Energy, in late 2023. The system will be capable of producing up to 7,000 gallons of LNG a day, and if successful, the company plans to install several more systems and rapidly increase its overall production capacity throughout 2024.
"LNG offers numerous benefits as a sustainable energy solution. Combining our expanding natural gas production capabilities with cutting-edge LNG liquefaction processing technologies, we will streamline the production, storage, and transportation of LNG,” added Guinn. “This benefits the environment as well as new customers, especially in regions with limited pipeline infrastructure."