Applied LNG Announces Multi-Year Renewal of LNG Supply Agreement
WESTLAKE VILLAGE, California - February 23, 2015
Applied LNG has announced the execution of a multi-year contract extension with its largest customer in the refuse hauling sector. Under the renewal agreement, Applied LNG will supply LNG and provide comprehensive logistics and delivery services to all of this customer's LNG locations in California. The agreement, which extends through 2020, marks the continuation of a long-term fuel relationship between the parties that started more than ten years ago.
Applied LNG supports its refuse customers by offering services beyond LNG supply and delivery including mobile fueling, remote monitoring, maintenance and safety training. As a result, Applied LNG customers are saving money and reducing carbon emissions with LNG compared to traditional diesel fuel.
"This is another example of large users of vehicle fuel recognizing LNG as an affordable, cleaner and domestically produced source of energy and we are excited to be the exclusive source of LNG for this blue-chip customer," said Cem Hacioglu, Applied LNG's President and CEO.
About Applied LNG
Applied LNG is the second largest producer and distributor of Liquefied Natural Gas for alternative fuel use in North America. Established in 1995, the Company markets LNG to trucking, oilfield, marine, mining, construction, rail, industrial, and agricultural customers. Applied LNG provides full-service solutions that, depending on customer needs, can include LNG supply, delivery from a fleet of 49 LNG trailers, temporary or permanent fueling stations, equipment leasing, and training. Applied LNG supplies LNG produced with renewable natural gas to help customers improve their carbon footprint. The Company added a second LNG production train to the Needle Mountain LNG Plant located near Topock, Arizona in 2014. Applied LNG is currently building a new LNG production Plant located in Midlothian, Texas. For more information, visit www.appliedlng.com.