American Natural Gas Acquires Krug Energy CNG Station
American Natural Gas (ANG) continues to expand its network of natural gas fueling stations with the acquisition of Krug Energy’s public CNG station in Searcy, Arkansas. With the acquisition of this station, ANG also signed a long-term fueling agreement with Triple Transport, an established Arkansas-based hauling and transportation company.
“With approximately 800,000 gallons fueled in 2015, this station is one of the top performing sites in the country,” said Drew West, Chief Executive Officer of ANG. “These figures, combined with the hard work put into building and maintaining the station make it a proud addition to the ANG network.”
The station features redundant compressors, over 600 PSI of inlet pressure, ample buffer storage, and three dispensers suited to fuel both personal vehicles and heavy duty commercial tractors. Service at the station will remain uninterrupted as ownership and operations responsibilities shift to ANG.
“Krug Energy welcomes ANG to Searcy and is looking forward to their expertise in bringing this CNG station to its full potential,” said Rush Krug, President of Krug Energy and Triple Transport.
In May, ANG acquired two CNG fueling stations from an affiliate of Southwestern Energy Company in Conway and Damascus, Arkansas. The Searcy station is ANG’s third station in the state. In addition, ANG recently opened a public CNG station in Saratoga, New York, located off I-87. ANG designed the station to accommodate both consumers and regional natural gas fleets, which ANG has worked with to help transition to natural gas. ANG continues to vet out a number of other natural gas station locations and opportunities and expects to make more announcements before the end of the year.