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Gold/Mining/Energy : Clean Energy Fuels (CLNE)

CLNE 2.860

+1.1%

Oct 31 9:30 AM EST

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Thehammer

From: FJB	2/10/2014 3:52:36 PM
	1 Recommendation Read Replies (1) of 111

Clean Energy Fuels' CEO Discusses Update of Natural Gas for the Trucking Industry (Transcript) Feb. 10, 2014 3:18 PM ET seekingalpha.com Excerpt: We have more CNG stations in almost all of our competitors combined and we operate more compression than all others. We built 55 compressed natural gas stations in 2013. We own and operate 317 CNG stations and we own and operate 154 LNG stations. We built 19 LNG stations in 2013. In 2013 of the 1,444 12 liter engines, heavy duty trucks that were delivered, 58% were CNG and 42%were LNG. We are now working with over 137 fleets and it’s hard to get an exact number, those fleets represent 10s of thousands of trucks. But as we look at what’s in our clear line of visibility for 2014, we’ve identified over about 3,500 trucks as we sit here in the beginning of February. And we believe so far as we review that split with our customers and dealers and the OEMs, the split right now as we sit here in the 3,500 trucks that we know about that we are working with is 57% LNG and 31% CNG.

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