Ferus Natural Gas Fuels

What Ferus Natural Gas Fuels does

Ferus Natural Gas Fuels operates a vertically integrated LNG (liquefied natural gas) value chain spanning production, transportation, and distribution across Western Canada and North America. The company owns and operates three advanced LNG production facilities in Western Canada and runs the largest mobile LNG fleet in Canada, delivering fuel via "virtual pipelines" — specialized cryogenic transport and on-site regasification — to customers that lack access to traditional pipeline gas. In parallel, it designs, engineers, procures, and constructs modular, turnkey LNG systems (on-site storage and fully automated regasification) and provides ongoing field services including device monitoring and mobile applications. Its customer base spans mining, oil & gas, industrial heat, remote power generation, pipeline outage support, marine bunkering, and off-grid communities, with marketing claims of up to 35% carbon emission reduction versus diesel as the primary value proposition. The business is privately held and backed by BP Energy Partners and The Energy & Minerals Group; its commercial motion is enterprise field sales with quote-based, non-publicly-disclosed pricing directed at large industrial accounts. The company is headquartered in Richmond, BC with a regional office in Calgary, AB, and is positioned as North America's largest private, vertically integrated LNG provider.

Name

Ferus Natural Gas Fuels

Legal name

Cryopeak Energy Solutions

Website

https://ferusngf.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Ferus Natural Gas Fuels is a privately held, vertically integrated LNG producer and distributor operating three Western Canadian production facilities and the largest mobile LNG fleet in Canada, supplying fuel, modular on-site storage, regasification systems, and field services to mining, oil & gas, industrial, remote power, marine, and off-grid customers across North America.

Ownership category

akta.pro rank

Product category

LNG Supply and Distribution

NAICS

Natural Gas Distribution (2212), Natural Gas Distribution (22121), Pipeline Transportation of Natural Gas (48621)

SIC

Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)

akta.pro secondary industries

LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA), Gas-to-Power Project Development (IPP/CPP, Permitting, Financing) (EUALALAC), Regasification, Vaporizers & Pressure Reduction Systems (Industrial/LNG Send-out) (EUALALAF), CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), Gas Conditioning & Treatment for Industrial Use (Dehydration, Sweetening, NGL Removal) (EUALALAG)

Keywords

• LNG fuel supply
• Virtual pipeline solutions
• LNG transportation services
• Modular LNG systems
• Industrial LNG distribution

Headquarters

HQ city

Calgary, Alberta

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D

Revenue model

1. LNG Fuel Supply: Primary revenue stream from supplying LNG as a lower-emission fuel alternative to diesel and traditional energy sources. Provides ongoing consumption-based revenue from regular LNG deliveries to customer operations.
2. LNG Infrastructure Design & Installation: Revenue from designing and installing modular, turnkey LNG systems including on-site storage and vaporization solutions. Custom system design tailored to each customer's application and existing infrastructure.
3. Field Services & Maintenance: Ongoing service revenue from project planning, device monitoring, mobile applications, and field service support for LNG operations across North America.
4. LNG Transportation Services: Revenue from LNG transportation logistics using the company's mobile LNG fleet to deliver fuel to customer sites across Western Canada and North America.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Ferus Natural Gas Fuels provides vertically integrated LNG supply, transportation, and distribution services through virtual pipelines, mobile LNG fleet operations, and modular turnkey storage and regasification systems. The company operates three LNG production facilities in Western Canada and delivers customized LNG energy solutions to industrial customers across North America as a cleaner-burning alternative to diesel and propane. Services span LNG fuel supply, transportation, on-site storage, regasification, full EPC engineering, and ongoing field service.

Product overview

Cryopeak Energy Solutions offers a vertically integrated LNG (Liquefied Natural Gas) energy supply and distribution network. The company provides end-to-end mobile gas network services and fully integrated natural gas value chains through its core products: LNG Fuels (Virtual Pipeline Supply), LNG Transportation, and Engineering & EPC services. These are complemented by specialized components including On-Site LNG Storage Systems and Regasification Systems. The company designs and installs modular, turnkey systems tailored to each application, serving multiple end markets including mining, oil and gas, industrial heat, remote power generation, pipeline outage, marine bunkering, and off-grid communities. Cryopeak owns and operates three advanced LNG production facilities throughout Western Canada, claiming to be North America's largest private, vertically integrated LNG provider.

Differentiator

Problem solved

Functional benefit

Products and services

• LNG Fuels (Virtual Pipeline Supply)
• LNG Transportation
• Engineering, Procurement and Construction (EPC)
• LNG Field Service Solutions

Quantifiable outcome

• Up to 35% carbon emission reduction through LNG adoption compared to traditional fuels

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Air Products: Air Products operates a global LNG technology and liquefaction business supplying equipment, licensors, and LNG production — overlapping Cryopeak's LNG liquefaction, regasification, and industrial-gas supply segments at a much larger, broader-incumbent scale.
• Shell LNG / Shell Energy: Shell is a global LNG major with integrated production, trading, and distribution; it sells LNG bunker fuel and supplies industrial natural gas customers — broadly competing with Cryopeak in industrial LNG supply and marine bunkering.
• ENN Energy: ENN Energy operates one of the largest LNG distribution networks in China, serving industrial, commercial, and residential customers — broadly comparable to Cryopeak's vertically integrated LNG distribution model at vastly larger international scale.
• Chart Industries: Chart Industries designs and manufactures cryogenic equipment including LNG storage, regasification, and transport systems — directly overlapping Cryopeak's modular LNG storage and regasification product lines, and is a likely technology partner or competitor for Cryopeak's engineered systems.
• Clean Energy Fuels: Clean Energy Fuels is the largest US LNG/CNG vehicle-fueling provider and supplies RNG and natural gas for fleets, marine, and industrial use — overlapping Cryopeak's LNG distribution, marine bunkering, and industrial fueling end markets at a larger, established scale.

Emerging players

• Plenary Group / RNG Moovers (LNG logistics startup): Multiple emerging North America LNG logistics startups are building virtual-pipeline and small-scale liquefaction capacity for industrial buyers; these emerging players could chip away at Cryopeak's market share in remote industrial and off-grid markets.

Direct peers

• Stabilis Solutions: Stabilis Solutions provides LNG and CNG fueling solutions, mobile distribution, and on-site equipment for industrial customers in oil & gas, mining, utilities, and pipeline support — directly overlapping Cryopeak's use cases for virtual pipelines and remote industrial supply.
• Ferus Natural Gas Fuels: Ferus Natural Gas Fuels is the most directly comparable peer — it operates LNG and CNG supply, distribution, and virtual-pipeline infrastructure serving similar industrial customers (mining, oil & gas, remote power) across North America. It appears in the company data dump as a jointly grouped entity alongside Cryopeak, reinforcing direct overlap in business model and end markets.
• New Fortress Energy: New Fortress Energy develops, owns, and operates liquefied natural gas infrastructure including liquefaction, logistics, and regasification serving industrial and power-generation customers, mirroring Cryopeak's vertically integrated LNG model at a larger, publicly traded scale.

Regional players

• FortisBC Energy: FortisBC is the largest natural gas distributor in British Columbia, Canada — overlapping Cryopeak's Canadian natural gas distribution and remote/industrial customer base in the same Western Canadian geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ferus-ngf

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ferus Natural Gas Fuels