Red Stripe converting to LNG, to save US$336,000 annually

Red Stripe has announced it will soon be powering its plant with liquefied natural gas (LNG), which will result in savings of over US$336,000 every year.

Red Stripe says it has signed a natural gas deal with American company New Fortress Energy, which will make it the first commercial company in Jamaica to be powered by LNG.

The company says natural gas will be used to power its Combined Heat and Power Plant, boosting output by over 50 per cent.