12 March 2014
Macquarie Infrastructure Company (NYSE: MIC) said its Hawaii Gas business has received approval from the Hawaii Public Utilities Commission to land containerized liquefied natural gas in Hawaii.
The decision by the HPUC was issued on March 6, 2014. Hawaii Gas is currently the only company in Hawaii approved to introduce LNG into the state.
Hawaii Gas intends to ship LNG from the US mainland and use it as a backup fuel source for its synthetic natural gas operations on Oahu. The initiative will increase the reliability of its fuel supply to residential and commercial customers.
Macquarie Infrastructure owns, operates and invests in a portfolio of infrastructure businesses providing basic services to customers in the United States. Its website is at www.macquarie.com/mic.