MARKET NEWS
Mining companies consider switching to LNG due to rising energy costs in Australia
The world’s two biggest mining companies, Rio Tinto and BHP Billiton, are considering the introduction of trucks powered by liquefied natural gas (LNG) to reduce rising energy costs at their iron ore operations in Western Australia.
Colombian worktable about regulation of conversion centers for natural gas vehicles
The Minister of Trade, Industry, and Tourism, Sergio Diaz-Granados, hosted a worktable on April 4th which explained various technical definitions and concepts regarding legislation for conversion centers for natural gas for vehicular use.
Egyptian agreement to fund conversion of 1.000 vehicles to natural gas
Tariq Al-Dagwa, president of the Board of Directors of Cargas, and Ghada Wali, secretary general for the Social Fund for Development, recently signed an agreement stipulating that the former would fund the construction and conversion of 1.000 new vehicles
Karachi Metropolitan Corporation seeks foreign investment to start CNG bus project
The Karachi Metropolitan Corporation (KMC) in Pakistan has started seeking help of foreign investors in initiating the mega compressed natural gas (CNG) bus project, which is in the doldrums for last five years due to dearth of required funds.
Joint venture for the conversion of vehicles to CNG in Nigeria
Borkir International Gas and Energy Company, a subsidiary of the Dangote Group, has signed a joint venture scheme with the Nigeria Gas Company (NGC) to promote the conversion of vehicles from the use of fuel and diesel to compressed natural gas (CNG).
Sanmar to build liquefied natural gas powered tugs in Turkey
Sanmar is constructing the world’s first liquefied natural gas (LNG) powered escort tugs. The vessels have been ordered by Buksér og Berging AS of Norway and will enter service in late 2013.
Scania-ADL natural gas powered demonstrator takes to the UK roads
The Scania-ADL natural gas powered bus demonstration vehicle is now ready to begin its programme of operator trials and evaluations around the United Kingdom and the demonstration period is now expected to last a year.
Volvo delivers liquefied natural gas truck to Transport Monfort
The Spanish company has recently added to its fleet a new Volvo Methane Diesel vehicle fueled with a liquefied natural gas (LNG) engine. The new Volvo FM 460 hp will strengthen Monfort's bid for the use of this alternative fuel in transport operations.
Maruti Suzuki Ertiga CNG variant to be launched soon in India
Available in petrol and diesel engine powered options, it is now revealed the India’s largest car manufacturer, Maruti Suzuki India is close on the heels of launching an even more efficient version of Ertiga MPV.
Modasa and FPT Industrial together to produce CNG buses in Peru
Motores Diesel Andinos S.A. (Modasa) and FPT Industrial joined forces by signing an strategic partnership agreement in an event that brought together the major transport executives in the urban sector.
Spanish market for natural gas vehicles remains strong
NGVA Europe informed that the Spanish fleet of gas-powered vehicles currently numbers some 3.700 units, equalling an increase of 14% in the last year (some 3.200 units by the end of 2011).
Natural gas is gaining ground and is the second most requested in Bolivia
According to the structure of final consumption by energy type, the diesel is the most consumed fuel in Bolivia, followed by natural gas. Santa Cruz is the department that consumes more natural gas to activate its production system.
Nigerian Investment Promotion Commission wants more investment in natural gas to reduce costs
To provide alternative for diesel and petrol as fuel for businesses and vehicles, the Nigerian Investment Promotion Council (NIPC) has canvassed investment in the development of gas resources by the Federal Government.
Sharjah taxis to run on natural gas in the United Arab Emirates
The Sharjah Transport Corporation (STC) has started work on converting all taxis in the emirate to run on compressed natural gas (CNG).
Agreement between Volvo Trucks and Shell to introduce LNG for trucks
Volvo Trucks and Shell have signed a partnership agreement to introduce liquefied natural gas (LNG) as fuel in heavy trucks, reported the Spanish subsidiary of the Swedish manufacturer of commercial vehicles.
Mowasalat and Q-Post presents stamp commemorating the first CNG bus in Qatar
The Qatari transport company Mowasalat joined hands with Qatar General Postal Corporation (Q-Post) to bring out the first postage stamp featuring Mowasalat logo to coincide with the launching of the country’s first compressed natural gas (CNG) bus.
Colombian expert says CNG is cleaner and cheaper for public transport
The expert invited to the XVI Colombian Naturgas Congress in Cartagena, Eduardo Behrentz, University of the Andes, said that natural gas is a real solution to the public health problem posed by pollution particles.
75 percent of all biomethane plants now listed in the German Biogas Register
The Deutsche Energie-Agentur GmbH (dena) – the German Energy Agency – looks back on a successful 2012 verification and running period for the German Biogas Register.
Gazprom prepares financing program to convert vehicles to natural gas in Russian regions
Moscow keeps hosting the National Oil and Gas Forum, which is primarily aimed at setting the agenda for Russian oil and gas industry leaders. Viktor Zubkov, Chairman of the Gazprom Board of Directors took part in the Forum.
Valtra and Swedish Ministry for Rural Affairs join forces in biogas tractor research
Valtra and Swedish Ministry for Rural Affairs are launching a joint research project called MEKA (methane/diesel after machinery conversion). The Swedish Ministry for Rural Affairs has allocated SEK 8 million for the research project from 2012 to 2014.
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