Russia’s Novatek claims it has launched Europe’s first carbon-neutral LNG station for heavy-duty transport in the German port city of Rostock.
Novatek Green Energy, a unit of the independent LNG producer, is behind the station that will offset LNG’s carbon footprint sold to end-customers from several “emission reduction” projects.
These include wind generation projects in developing countries, according to Novatek.
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.
Currently, the company operates a network of six LNG fueling stations in the European market as well as 19 regasification facilities.
The firms sees “significant growth potential” in this market due to increasingly stringent environmental standards and “affordable” LNG price.
In addition, the German government has earlier this year extended the existing highway tolls exemption for LNG-powered trucks until 2023.
This will also boost the use of LNG as truck owners look to cut costs and emissions.