Clean Energy Provides First Containerized LNG Shipment to Hawaii
NEWPORT BEACH, CALIF. – April 10, 2014 – Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced that it has supplied Hawaii Gas with the first shipment of liquefied natural gas (LNG) in Hawaii state history. Hawaii Gas recently received approval from the Hawaii Public Utility Commission to land containerized LNG for use as a back-up fuel source for its Oahu synthetic natural gas plant. Clean Energy’s initial delivery totaled approximately 7,100 LNG gallons.
“Natural gas has again proven its versatility by meeting the fueling needs of Hawaii Gas in an economically and environmentally-friendly manner,” said Brian Powers, vice president of LNG production at Clean Energy. “Hawaii Gas has shown leadership in its multi-year commitment to bring the benefits of natural gas to the ratepayers of Hawaii.”
The LNG was loaded into an ISO container at Clean Energy’s liquefaction plant in Boron, Calif., transported to the Port of Los Angeles and then shipped to Honolulu, Hawaii, where it was re-gasified and injected into Hawaii Gas’s utility distribution pipeline.
“These initial shipments of LNG represent an important step in support of Hawaii’s clean energy future,” said Alicia Moy, Chief Executive Officer of Hawaii Gas. “Bringing LNG in ISO containers allows us to diversify our existing fuel supply. As we bring in larger quantities of LNG, we believe we can meet the needs of the people and businesses of Hawaii by lowering their cost of energy with a lower-carbon fuel.”
Hawaii Gas is working in partnership with stakeholders throughout the state to utilize LNG as a less expensive and cleaner burning fuel for utility and commercial power generation as well as for ground and marine transportation.
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider of natural gas fuel for transportation in North America. We build and operate compressed natural gas (CNG) and liquefied natural gas (LNG) fueling stations; manufacture CNG and LNG equipment and technologies for ourselves and other companies; develop renewable natural gas (RNG) production facilities; and deliver more CNG, LNG and Redeem RNG fuel than any other company in the U.S. For more information, 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 benefits of natural gas. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents the Company files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.
