HomeMagazine2014November 2014, Vol. 241, No. 11Study Shows LNG Capturing Significant Market Share In Transport Sector By 2035

November 2014, Vol. 241, No. 11

Features

Study Shows LNG Capturing Significant Market Share In Transport Sector By 2035

According to a new report by CEDIGAZ, the International Center for Natural Gas Information, LNG as a fuel will capture a significant market share in the transport sector by 2035. The greatest potential is seen in road transport where annual demand is projected to reach 96 million tons per year (mtpa) in CEDIGAZ’ base scenario while demand in the marine sector could grow to an estimated 77 mtpa. The rail sector could add another 6 mtpa to global demand. However, the development of LNG as a transport fuel faces a number of challenges, and will have to go hand-in-hand with the development of fuelling infrastructure. Fuel Cost Differentials Use of LNG in land transport will

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}