Clean Energy Opens World’s Largest LNG/CNG Truck Fueling Station
At Long Beach/Los Angeles Ports Complex to Support Clean Air Goals
Seal Beach, CA (June 30, 2009) —The world’s largest natural gas truck fueling station, designed and built by Clean Energy Fuels Corp. (Nasdaq: CLNE), is now open for business on a 2.9-acre site adjacent to the Ports of Long Beach and Los Angeles.
The new public access station, configured to fuel trucks on a 24/7 basis, features two 25,000-gallon liquefied natural gas (LNG) storage tanks, six LNG dispensers, and two compressed natural gas (CNG) dispensers. The Clean Energy station is located on property leased from the Port of Long Beach at Anaheim and I streets. It is specifically designed to support the goals of the San Pedro Bay Ports’ Clean Air Action Plan (CAAP) and Clean Truck programs.
Andrew Littlefair, Clean Energy President and CEO, said, “Clean Energy is proud to support the ports and their quest for cleaner air and a clean fuel future by building this landmark LNG/CNG truck fueling station that can provide fuel for several hundred natural gas Port trucks daily.”
He added, “We have seen demand for LNG and CNG fuel grow significantly as major trucking companies secure and deploy new natural gas-powered trucks at the ports. As demand for the environmentally-friendly fuel continues to increase, Clean Energy plans to add 50,000 gallons of fuel storage to the new station’s current capacity, as well as four more LNG/CNG fueling lanes.”
The Ports’ CAAP and Clean Truck programs call for the retirement or conversion of old diesel trucks entering the ports in favor of new diesel and alternative fuel (natural gas) trucks. Natural gas vehicle fuel provides lower emissions than gasoline and diesel, including up to a 23% reduction in greenhouse gases in medium- and heavy-duty applications and up to 30% reductions for light-duty vehicles. The domestic natural gas used by the trucks also reduces America’s dependence on imported oil.
The new station is the second that Clean Energy has opened in the area to serve port drayage trucks. The first, operational since December 2007, is located near the ports at Southern Counties Express, a major port-trucking firm. This station currently supplies approximately 10,000 LNG gallons of fuel on a daily basis.
Clean Energy (Nasdaq: CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 17,200 vehicles at 184 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas or biogas for delivery in the nation’s gas pipeline network. Please visit www.cleanenergyfuels.com
Forward-Looking Statements This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including statements about the number of anticipated natural gas trucks that are anticipated to be in service at the Ports and customers at the station and the amount of fuel they might consume. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors including the availability of funding to support the purchase of natural gas trucks, the availability of natural gas trucks, the availability of other natural gas stations in the area, the ultimate number of natural gas trucks purchased and the economic viability of a natural gas truck solution. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Bruce Russell, 310/559-4955 x101
Ina McGuinness, 310/954-1100