MARCH 18, 2014 - Applied Natural Gas Fuels, Inc. Completes Land Purchase to Build LNG Production Platform in Texas
Westlake Village, California (March 18, 2014) – Applied Natural Gas Fuels, Inc. (ANGF), the second largest producer and marketer of Liquefied Natural Gas (LNG) in the United States, announced today that it has completed the purchase of 31 acres of land in RailPort Business Park in Midlothian, Texas to build a multi-liquefier LNG production platform previously announced in September 2013 (the “Midlothian LNG Plant”). The platform will consist of up to five liquefiers with a production capacity of 86,000 LNG gallons per day per liquefier and a total on-site storage of 1.5 million LNG gallons.
In addition to formally acquiring the land, the Company has executed purchase orders for all long lead items such as storage tanks, production skids and the electric motor and compressor unit.
“Midlothian is a perfect location to build our Plant” said Cem Hacioglu, President and CEO of ANGF. “In addition to having all the required amenities to construct a state-of-the art facility, Midlothian’s strategically important location will allow us to tap into a wide range of customers in fast growing verticals” added Hacioglu.
The Midlothian LNG Plant, which is expected to be operational in early 2015, will focus on end users in the high-horsepower, trucking, E&P, rail, marine, remote power generation and mining markets that currently use diesel fuel and are interested in converting to a lower-cost, cleaner-burning alternative.
ANGF is currently in the process of doubling the production capacity at its Topock, Arizona LNG Plant by adding a second liquefier which is scheduled to come on line in July 2014. When completed, the Topock LNG Plant will produce about 172,000 LNG gallons per day. Upon commissioning of all five liquefiers at the Midlothian LNG Plant, ANGF's total production capacity will reach over 600,000 LNG gallons per day.