Clean Energy to Open Two LNG Stations (USA)

Clean-Energy-Announces-USD-200-Million-Convertible-Notes-Offering

Clean Energy Fuels announced a multi-year natural gas fueling agreement to support 36 new natural gas trucks deployed by Raven Transport Clean Energy plans to support this effort by opening two of its America’s Natural Gas Highway stations in Jacksonville, Fla., and Franklin, Ohio.

“Raven is a great example of how heavy duty natural gas truck deployment is progressing and we congratulate them for their leadership,” said James Harger, chief marketing officer at Clean Energy. “Raven’s decision to transition to LNG will enable them and their customers to realize the cost and sustainability benefits of natural gas fuel.”

Raven’s 36 new heavy-duty LNG tractors will haul goods for a major U.S. consumer goods company on routes through Georgia and the upper Midwest. The new trucks are forecasted to consume approximately 1 million diesel-gallon-equivalents of LNG per year, which is anticipated to reduce greenhouse gas emissions by nearly 2,000 metric tons per year, or the equivalent of removing 350 passenger cars from the road each year.

Raven’s success is built on our willingness to tailor logistics to the needs of our customers,” said Stephen Silverman, chief operating officer at Raven Transport. “Environmental stewardship and cost-effective logistics are central to the operating principles of our customers, which is why our investment in a heavy-duty natural gas fleet makes sense.”

Raven’s tractors are powered by the new Cummins Westport 12-liter natural gas engine, the powertrain that is reshaping the heavy-duty natural gas trucking industry.

Natural gas fuel costs up to $1.50 less per gallon than gasoline or diesel, depending on local market conditions. The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 30% in light-duty vehicles and 23% in medium to heavy-duty vehicles.

LNG World News Staff, October 10, 2013; Image: Clean Energy

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