CleanFUEL USA and ConocoPhillips [NYSE:COP] have signed a three-year agreement to advance propane
infrastructure for the U.S.
transportation fuel industry. Under the agreement, the two companies will
provide resources to install and supply propane fuel pumps for commercial fleet
fuel users. Propane fueling stations will be installed not only at fleet
owner sites, but may also be made available nationwide at select
ConocoPhillips’ branded stations, which include Conoco, Phillips 66 and 76
stations. ConocoPhillips will supply propane to the fueling stations
through regional propane marketers.
hopes the agreement and support from the energy company will help overcome the
infrastructure challenge that the U.S. propane energy fuel industry
has faced, and that fleet managers and OEMs will consider propane engine
vehicles for their fleets.
Propane is an alternative fuel with lower greenhouse gas
emissions than gasoline or diesel. Reliable propane engine performance
and maintenance has been proven by utilizing new technology developed from both
Ford/Roush and General Motors (GM), which uses the CleanFUEL’s
liquid propane injection (LPI) system. Both Ford/Roush and GM are
developing additional propane engine platforms in 2009.