HOUSTON, Oct. 1, 2012 /PRNewswire/ -- Prometheus Energy Group Inc. ("Prometheus Energy"), a leading supplier of liquefied natural gas (LNG) to the industrial sector, announced today that it has been named a Finalist in the Industry Leadership category by the Platts Global Energy Awards. The Industry Leadership Award identifies the energy sector's most influential and innovative organizations. This is the second consecutive year that Prometheus has been named a finalist by Platts. In 2011, the company was named a finalist in the Rising Star category, designed to identify the organizations likely to become the industry's future leaders.
Prometheus Energy was selected by the Platts Global Energy judging panel based on principal criteria including innovation, customer care and satisfaction, leadership, results, scope, and strategic vision.
"Prometheus Energy is providing real value to our customers by addressing the major challenges they face in a complex and rapidly evolving industrial fuel market", said Ron Bertasi, the company's CEO. "Our unique LNG solutions are creating a clean, safe, domestic fuel network to power our customers' operations while delivering significant cost savings to their bottom lines. Although we are growing rapidly, Prometheus is by far the smallest company named as an industry leadership finalist, and to be considered alongside major blue chip companies is a real testament to the dedication and innovation of our whole team".
Established in 1999 and often described as "the Oscars" of the energy industry, Platts Global Energy Awards highlight corporate and individual innovation, leadership and superior performance in 19 categories spanning the entire energy complex.
About Prometheus Energy
Prometheus Energy is one of the largest and fastest growing suppliers of liquefied natural gas (LNG) to the industrial sector in North America. Prometheus provides turnkey fuel solutions to convert industrial users of diesel, propane and other crude-derived fuels to clean, domestic, secure LNG, resulting in reduced fuel cost and environmental footprint. The company is vertically integrated from LNG production through distribution, onsite storage, and vaporization. A pioneer in the industrial LNG market, Prometheus developed first-of-their-kind conversions of industrial fuel consumers to LNG in numerous sectors, and was named a Finalist in the 2012 Platt's Global Energy Awards in recognition of its industry leadership. 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. For more information, please visit www.PrometheusEnergy.com
SOURCE Prometheus Energy Group Inc.