Bloomberg: LNG Trucks Seen Boosting Transport Market Share by 2035

Liquefied natural gas will gain a “significant” market share in the transport sector by 2035, the International Center for Natural Gas Information said.

Demand from road transport, such as trucks, will lead the expansion, followed by the use of LNG in ships and trains, Cedigaz, as the Rueil Malmaison, France-based association with 100 members in 40 countries is known, said today in a report. The price gap between diesel and LNG will drive the use of the super-chilled fuel in trucks, while environmental legislation may help make LNG more attractive for the marine sector.

“The cost advantage of LNG relative to diesel currently provides a strong economic incentive in the trucking industry,” the report said.
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