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Clean Energy Delivered 92.3 Million Gallons of Natural Gas in Third Quarter

Clean Energy delivered 92.3 million gallons in the third quarter of 2018, an increase from 91.5 million for the third quarter of 2017. Clean Energy says growth in CNG volumes was partially offset by a reduction in LNG volumes due to the non-renewal of two contracts and a decrease in RNG volumes for non-vehicle fuel that were included in contracts sold to BP in 2017.

In addition, the company’s revenue for the third quarter of 2018 was $77.3 million, driven by a 7.4 percent increase from a year ago in volume-related revenue, reflecting higher volumes and pump prices and a continued strong renewable natural gas market. Station construction revenue also trended up to $9.4 million for the third quarter of 2018 from $5.8 million in the second quarter of 2018.