Investor Presentaiton
North America Refuelling Business
Gas Sales Volume ('000 DGE)
ENN 新奥
Payback calculation for LNG trucks
+9%
4,821
Average diesel price¹ (USD/gallon).
2.2
4,427
Average LNG price² (USD/DGE)
1.45
Spread (USD/DGE)
0.75
Average miles travelled (miles/year)
100,000
LNG consumption (DGE/year)
18,000
2015
2014
DGE=Diesel gallon equivalent
US LNG excise tax was reduced by 41% effective
from 1 Jan 2016
US Congress approved to extend the 0.85/DGE tax
credit for selling LNG retroactive for 2015 and for
all of 2016
Share tax credit with potential customers to create
more incentive to switch under low oil price
environment
Notes: 1. Diesel price in U.S. West Coast in March 2016 released on EIA
2. Average LNG price $2.3 at the pump plus tax credit refund $0.85 at ENN US
stations in March 2016
19
Savings (USD/year)
13,500
Incremental cost for adopting LNG truck
(USD)
30,000
Payback (years)
2.2View entire presentation