New York CNG operator buys third service station in Arkansas

New York-based American Natural Gas (ANG) has acquired its third public compressed natural gas (CNG) station in Arkansas from Krug Energy and Triple Transport Inc. in Searcy.

ANG acquired in May two CNG fueling stations from an affiliate of Southwestern Energy Company in Conway and Damascus. With the acquisition of this station, ANG also signed a long-term fueling agreement with Triple Transport, the former owner of the Searcy CNG station.

“With approximately 800,000 gallons fueled in 2015, this station is one of the top performing sites in the country,” said Drew West, CEO 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 Natural State continues to be an impressive community of alternative fuel-focused businesses and fleet leaders.”

The station features redundant high-performance compressors, more than 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, which is based in Sarasota Springs, N.Y.

Krug, president of Krug Energy and Triple Transport, said ANG will be able to grow the Searcy CNG station to its full potential.

“This deal is a win-win for both parties and gives us the opportunity to focus on our core business. CNG remains a smart business and environmental decision and we intend to fuel our vehicles with it for years to come,” King said.

ANG has gradually grown its CNG portfolio westward over the past year. The New York based company already has CNG stations on the East Coast in Albany, Lancaster and Rochester, N.Y., and Georgetown, Ky.