Some Gaz Métro affiliates sell goods and services in the energy field, including sales, leasing and maintenance services for equipment that runs on natural gas; or they sell liquefied natural gas as fuel for transportation; or they distribute liquefied natural gas to customers not served by Gaz Métro’s distribution network.
Gaz Métro’s role
Some affiliates have their own management teams, such as Gaz Métro Plus and Gaz Métro Transport Solutions (GMTS); Gaz Métro Liquefied Natural Gas (Gaz Métro LNG), for example, has entered into a management agreement with Gaz Métro to run its operations. Our subsidiary, Gaz Métro Plus Limited Partnership, also has a separate team. Gaz Métro also has indirect holdings in an affiliate, Climatisation et chauffage urbains de Montréal, which runs the thermal plant that supplies heating and air conditioning to downtown Montreal.
Gaz Métro actions in this phase
Natural gas as fuel:
Whether liquefied or compressed, natural gas is a proven, efficient, forward-looking solution, in particular for fleets of waste collection trucks. Quebec currently has 22 refuelling sites and 630 vehicles that run on natural gas. They belong to businesses, municipalities, and Gaz Métro. In fiscal 2015, this fuel replaced 14.8 million litres of diesel.
Liquefied natural gas in the maritime industry:
In July 2015, the Société des traversiers du Québec put the F.-A. Gauthier into service, North America’s very first liquefied natural gas powered ferry.
Off-network natural gas:
Since it is now available in territories that are usually restricted to petroleum products because they are so remote from the natural gas network, liquefied natural gas (LNG) is helping the regions to become more build prosperous. It allows businesses to stay competitive and may be a key factor in bringing in new players. This is the case with Stornoway Diamond, which will be the first Quebec mining firm to use LNG as of 2016.
See the Growth and development
section for more information.