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CFTC releases report on LNG markets

The US Commodity Futures Trading Commission issued a report assessing the market impacts due to the US transitioning from being a net importer to a net exporter of LNG in 2016.

 
 
 
 

Confusion over Santos takeover deal

Uncertainty is growing regarding a recent statement by ENN claiming to have secured an agreement with Harbour Energy regarding its Santos takeover bid.

 
 
 
 
 
 
 
 

 

Upcoming LNG events

 
 

 

LNG crucial in helping HDVs achieve new emissions targets

The European Commission recently proposed limits to CO2 emissions from heavy-duty vehicles (HDVs). LNG offers a viable and immediate solution by enabling significant emission reductions for road transport in a cost-effective manner.

According to the Commission’s proposal, emissions from heavy-duty vehicles will have to be reduced by 15% by 2025 and by at least 30% by 2030 from the 2019 level. HDVs – trucks, buses, and coaches – currently account for around 5% of the EU’s total emissions.

LNG and liquefied biogas (LBG) offer a competitive alternative for significant cuts in carbon dioxide, nitrogen oxide, and particulate emissions. With LNG, heavy-duty transport emissions are up to 15% lower than with diesel fuel, and with LBG the reduction is as much as 85%.

“In heavy-duty transport, opportunities for major emissions reductions are scarce. By using LNG or LBG, the targets set by the Commission can already be achieved today. It’s also worth noting that engine technology of LNG-powered HDVs is advancing rapidly at the moment,” says Matti Oksanen, Director, Product Management and Solutions, Biogas, Gasum.

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