CNG Energy Partners LLC has signed a 10-year contract with the City of Lake Jackson, Texas to build, operate and maintain a public access compressed natural gas (CNG) fueling station.
The new facility will be commercial truck friendly, support the local desire to embrace the latest environmental technologies and reduce pollution levels in surrounding communities.
The new station will be located at 204 Medical Drive in Lake Jackson, Texas.
Deployment of this CNG fueling station was made possible through the implementation of a Public-Private Partnership (P3) business model enabling municipalities and other government entities to work together with private companies to achieve mutual goals. The P3 legal structure allows the City of Lake Jackson, Texas to not only save money by utilizing CNG for their own fleet, but also share the benefits of CNG fueling with the local community. The construction process is currently underway, with its opening projected for December 2015.
“We are pleased to pioneer a unique Public-Private Partnership model with Dallas-based CNG Energy Partners, introducing us to building and operating the public side of a CNG fueling station with private funds. Providing the local community an option to fuel with cleaner and cheaper, domestically produced fuel will encourage many local companies to utilize CNG,” Joe Rinehart, mayor of Lake Jackson, Texas, stated.
“We believe that CNG station development through implementation of the Public-Private Partnership model will soon become a predominant method that public entities can utilize to implement successful CNG fueling programs. This model is a win for all parties! P3 allows municipalities and school districts to dramatically increase project ROI, by combining fuel savings from fleet operations on CNG with portions of revenues from public sales,” Dmitri Tisnoi, president of CNG Energy Partners, said.
The use of compressed natural gas fuel reduces operating costs for vehicle and fleet owners and significantly reduces greenhouse gas emissions. Additionally, natural gas is a secure North American energy source with 95% of the natural gas consumed produced in the U.S.