Prometheus signs LNG supply, services agreement with Antero in Marcellus, Utica

Prometheus Energy

Prometheus Energy Group Inc., a supplier of liquefied natural gas (LNG) to the oil and gas, mine haul, process industry and remote power generation sectors, has signed an agreement to supply Antero Resources' LNG requirements to power a significant portion of its natural gas fueled drilling rigs in the Marcellus and Utica shales over a multi-year period.

Under this agreement, Prometheus Energy will provide LNG supply, logistics delivery and onsite LNG equipment for storage and regasification at a number of Antero drilling sites in northern West Virginia and eastern Ohio. In addition, Prometheus will provide technical field support across the sites. 

Prometheus Energy is privately held by Shell Technology Ventures Fund 1 B.V. and Black River Asset Management LLC, a wholly owned but independently managed subsidiary of Cargill.

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