Gazprom, CNPC target LNG fueling cooperation

Russia’s Gazprom and China National Petroleum Corporation on Monday signed an agreement to explore the cooperation options in the natural gas vehicles sector. 

Under the agreement, Gazprom and CNPC intend to conduct a joint marketing study regarding the possibility of using LNG as a vehicle fuel along the Europe-China international transport route.

Gazprom recently approved a program to develop small-scale LNG infrastructure that would also include liquefied natural gas filling stations.

The company aims to spur the use of natural gas in transport. Currently, natural gas-fueled vehicles take up 26 percent of the company’s fleet, however, Gazprom is planning to increase the share to 70 percent by the end of 2020.

Under the program, Gazprom is looking to develop new marketing infrastructure, fixed cryogenic filling facilities and mobile LNG filling stations.

LNG World News Staff