Investor Presentaiton
North America Refuelling Business
ENN 新奥
Gas Sales Volume ('000 DGE)
Payback calculation for LNG trucks
1,359
1,318
Average diesel price¹ (USD/gallon).
2.5
1,264
1,199
1,223
1,077
Average LNG price² (USD/DGE)
2.3
792
Spread (USD/DGE)
0.2
Additional saving with tax rebate
0.7
Average miles travelled (miles/year)
100,000
LNG consumption (DGE/year)
18,000
2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2 2015 Q3
DGE Diesel gallon equivalent
=
US LNG excise tax was reduced by 41% effective
from 1 Jan 2016
US Congress approved to extend the 0.50/DGE
tax rebate for selling LNG retroactive for 2015 and
for all of 2016
Share tax rebate with potential customers to
create more incentive to switch under low oil
price environment
Notes: 1. Diesel price in U.S. West Coast on 4 Jan 2016 released on EIA
2. Average LNG price at the pump at ENN US stations in Jan 2016
Savings (USD/year)
12,600
Incremental cost for adopting LNG truck
(USD)
30,000
Payback (years)
2.4
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