The US has one of the largest supplies of natural gas in the world - greater than 125 years of proven reserves.
To put things in perspective, this amounts to approximately 300 billion barrels of oil - twice what Saudi Arabia has. Natural gas is a proven alternative to gasoline and diesel, offering the transportation industry the ability to reduce its cost per gallon by $1.50, substantially minimize carbon emissions, and enhance national security as a result of foreign oil displacement.
In fact, every major vehicle manufacturer - Ford, Honda, Freightliner, Kenworth, Volvo - is now manufacturing compressed natural gas (CNG) and liquefied natural gas (LNG) trucks and buses on the assembly line, offering the same performance as their gasoline and diesel counterparts. CNG is used for any vehicle application demanding up to 500 miles per fill-up (for example transit buses, refuse trucks, personal automobiles), while LNG, which provides extended ranges in excess of 700 miles, is solely for the long-haul interstate trucking industry.
Moreover, because of CNG’s compelling economic and environmental benefits, every major government entity in the western US is aggressively transitioning to CNG, with Los Angeles leading the way with a transit bus fleet of more than 2000 CNG buses. In the eastern part of the US, one example of an organization that is leading in best practices with the conversion to natural gas usage is the Leon County School District - with a plan to transition its 250 school bus fleet to CNG.
From a CNG project development point of view, the growing trend is developing public-private partnerships or ‘P3s’ to design, finance, build and operate CNG fueling infrastructures. CNG fueling station development is a highly specialized and capital intensive effort. Capitalizing on the growing opportunities associated with P3s, Nopetro works hand-in-hand with its prospective partner to devise a strategic cost-effective infrastructure
The process typically consists of Nopetro contributing its capital and expertise to design, finance, construct and operate the CNG fueling station, in exchange for a long-term fueling commitment. This approach provides the partner with the ability to allocate its resources in the most efficient manner, and begin reaping the financial benefits inherent in CNG most expeditiously.
With recent technological advancements in CNG fueling equipment, fleet transition has never been easier…
Because of the highly specialized nature of CNG fueling equipment, it is imperative that any CNG fueling station developer assesses both the integrity of the equipment used, despite higher initial capital costs to implement. Indeed, any CNG fueling operation must ensure that its customer can always fuel. This requires 100 percent redundancy with all equipment, and onsite generators to ensure continuous fueling, irrespective of the occurrence of unforeseeable events. Onsite emergency generators should be natural gas driven to ensure its operation in the event electricity goes out or petroleum is unavailable. Natural gas as an energy source is entirely more reliable than any other because its supply source is underneath the ground via durable pipelines, and hence not susceptible to major disruptions.
Natural gas has long been used over many applications as a reliable energy source, from commercial use such as space cooling and lighting, to residential functions such as heating and cooking. Its potential in the transportation sector has only begun to be recognized. With recent technological advancements in CNG fueling equipment, as well as the innovations made in the automotive manufacturing sector, fleet transition to CNG has never been easier or more affordable.
Nopetro is Florida’s leading natural gas fueling infrastructure provider. The company owns and operates the most state-of-the-art CNG fueling facilities in the East Coast.