China’s LNG-powered road transport sector shows huge growth

China’s road transport sector has consumed nearly 13 million tonnes of liquefied natural gas last year as the number of LNG-powered vehicles continues to surge.

The world’s second-largest LNG importer has more than 3,000 LNG filling stations, ten times more when compared to 300+ stations in 21 countries across Europe, according to Shell’s latest annual LNG Outlook.

China’s fleet of LNG-fueled trucks and buses is nearing an unbelievable number of 600,000 vehicles, according to the report. LNG-fueled trucks, which number increased about four times since 2016, account for most of these vehicles.

To remind, China’s LNG imports hit an all-time high last year rising 11.5 percent year-on-year to 67.13 million tonnes.

Shell said in the report it expects the country’s announcement of a target to become carbon neutral by 2060 to continue driving up its LNG demand through the “key role gas can play in decarbonising hard-to-abate sectors, namely buildings, heavy industry, shipping and heavy-duty road transport.”

In addition, Europe has also seen a steady increase in LNG-powered trucks and currently has about 15,000 LNG-powered trucks in operation, the report said.

The report predicts European road LNG demand to reach 7.9 million tonnes by 2030. Bio-LNG would account for about 40% of this demand.

Most Popular

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

More News Like This

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

Shell seals LNG deal with India’s IRM Energy

A unit of UK-based LNG giant Shell has signed a five-year deal to supply regasified LNG to India's IRM Energy.

China’s SIPG eyes LNG bunkering vessel order

China’s terminal operator, Shanghai International Port (SIPG), is looking to order one large liquefied natural gas (LNG) bunkering vessel, according to shipbuilding sources.

Shell CEO expects progress on Venture Global arbitration this year

Shell’s CEO Wael Sawan expects to have an update on an arbitration dispute with US LNG exporter Venture Global LNG later this year.