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Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Post by zedman4on Aug 01, 2012 10:35am
189 Views
Post# 20172866

The first I ever heard of LNG being used for......

The first I ever heard of LNG being used for......

generating electricty in Nunavut is on this board.

Liquidfied natural gas costing half of what deisel

currently does to generate electricty sound too good

to be true.

So then why is the Nunavut Power Corp currently in

the process of replacing $30 million worth of old deisel

generators with new deisel generators. One would think 

that here is an opportunity to make use of a much cheaper

method by using LNG; but no they are again going with

the diesel generators which will have a life span lasting well

into the next  25-30 years.

 

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