The link is to a Westport Innovations press release. Westport Innovations identifies itself as the global leader in natural gas engines. Of note, the company offers 15-liter natural gas engines for the heavy-duty trucking market.
Others will be interested in the financial statement. This is why it interested me: it helps bring me up to date on natural gas corridors in the United States and in Europe:
US
The growth in natural gas infrastructure has been significant in 2012 compared to 2011.
Clean Energy Fuels has been actively developing the America's Natural Gas Highway with liquefied natural gas (LNG) and compressed natural gas (CNG) fuelling stations at strategic locations along major interstate trucking corridors.
Shell and its affiliates have signed a memorandum of understanding with TravelCenters of America to sell LNG to heavy-duty road transport customers in the U.S. through TA's existing nationwide network of full-service fuelling centres.
Other fuel providers such as Encana, FortisBC, and Gaz Metro have built permanent LNG refueling stations for Westport 15L fleets.
New fuel providers such as Blu, have built two LNG stations in Utah.
In addition, Conoco Phillips has expressed interest in building a small-scale natural gas liquefaction facility to manufacture up to 100,000 gallons per day of LNG to supply truck fleets in Dallas-Fort Worth, Texas.EUROPE
A combined effort by major European gas companies, vehicle manufacturers and natural gas vehicle (NGV) associations have resulted in the Blue Corridor initiative to expand the NGV fueling station network in Europe. This 16 million Euros project is funded by the European Commission and 28 project partners.
In addition, in January, the European Commission announced an ambitious package of measures to ensure the build-up of alternative fuel stations across Europe. The proposal includes that by 2020, refuelling stations for trucks are installed every 400 km along the roads; and that by 2020 and 2025, LNG refuelling stations be installed in all 139 maritime and inland ports, respectively, on the Trans European Core Network.I can't speak to Westport itself, but the buildout of American and European LNG corridors is exciting. Little by little, maybe we're getting somewhere.
