Clean Energy Fuels’ Natural Gas Deliveries Up 25 Percent for 2012

Clean Energy Fuels Corp. says it delivered 51.7 million gallons of natural gas as a transportation fuel during the fourth quarter of 2012, representing a jump of nearly 30% since the same period in 2011. For all of 2012, the company delivered 194.9 million gallons, up 25% from the 155.6 million gallons moved during the year prior.

Deliveries include compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas, the company notes.

‘2012 was a historical year for Clean Energy,’ says Andrew J. Littlefair, the company's president and CEO. ‘Our revenues are higher than ever before, we delivered 25 percent more gallons of fuel to our customers than last year, and I am particularly proud that we accomplished our goal of building the first 70 LNG fueling stations along America's Natural Gas Highway.’

Company revenue for the fourth quarter was $99.1 million, up from $86.2 million in the fourth quarter of 2011. For 2012, revenue totaled $334 million, up from $292.7 million a year earlier.

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