Novatek adds another German LNG station

A unit of Russian producer Novatek has launched another LNG filling station in Germany as a growing number of truck owners opt for the fuel to cut costs and emissions.

Novatek Green Energy opened the station in Elsterheide, according to Germany’s BarMalGas that operates the facility but also other Novatek’s stations in the country.

To remind, Novatek said in December its unit had launched Europe’s first carbon-neutral LNG station for heavy-duty transport in the German port city of Rostock.

The firm currently owns eight LNG fueling stations in Germany and one in Poland, data from Novatek Green Energy’s website, shows.

As part of its long-term strategy, Novatek plans to build a network of LNG fueling stations in Europe at key transport connecting points between Germany and Poland.

Novatek sees “significant growth potential” in this market due to increasingly stringent environmental standards and “affordable” LNG price.

In addition, the German government has last year extended the existing highway toll exemption for LNG-powered trucks until 2023.

- Advertisements -

Most Popular

Avenir orders two large LNG bunkering vessels in China

UK-based small-scale LNG player Avenir has ordered two 20,000-cbm LNG bunkering and supply vessels at China's CIMC SOE. The joint...

MOL, Gaz-System seal Gdansk FSRU charter deal

Japan's shipping giant MOL has signed a long-term FSRU charter deal with Poland’s Gaz-System for the planned LNG import...

Mitsui: no decision on Adnoc’s LNG project

Japan's trading house Mitsui & Co said nothing has been decided on an LNG project in the United Arab...

More News Like This

Russia’s Gazprom to buy Shell’s stake in Sakhalin LNG terminal operator

Russia has approved the sale of a 27.5 percent stake, previously owned by LNG giant Shell, in the new...

Novatek reports profit of about $5.1 billion in 2023

Russian LNG producer Novatek reported a net profit of about 463 billion rubles ($5.09 billion) in 2023. The company...

TotalEnergies issues force majeure over Novatek’s Arctic LNG 2 project

French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia...

Novatek’s gas sales rose 2.7 percent in 2023

Russian LNG exporter Novatek reported a 2.7 percent rise in its natural gas sales, including LNG, in 2023. Novatek said...