St Louis Commission Approves CNG Station

The St Louis Airport Commission has formally approved a deal allowing Laclede Venture Corp, a subsidiary of The Laclede Group, to build and operate a high profile compressed natural gas (CNG) fuelling station at I-70 and Cypress, to the west of Lambert-St Louis International Airport, USA.
The station will be built on one acre (0.4 hectares) of the airport’s Super Park Lot C facility.  The lease agreement requires a minimum of $2.5 million investment by Laclede Venture Corp.  The initial term of agreement is 15 years, with an annual lease rate of $17,782.  The airport will also receive a royalty charge for each gasoline gallon equivalent of CNG pumped at the facility.  The agreement requires further approvals by the City of St Louis, including the Board of Aldermen.
Lambert Director Rhonda Hamm-Niebruegge, commented:  “This will be a major asset for the community as the St Louis area grows its alternative fuel infrastructure.  In addition to the impact this effort has on providing a service in a growing alternative fuels market, this deal brings new revenue to the airport.”
Lambert has worked with alternative fuels for more than two decades.  It currently operates two CNG stations for its airport vehicles and parking shuttles.  More than half of the airport’s fleet of vehicles operates on CNG or biofuels.  The airport recently installed five electric vehicle charging stations for public use at its Super Park B Lot.