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In a research titled "The threat to diesel from LNG trucking in China," Wood Mackenzie analysts stated that more than 8% of the diesel demand in the country's on-road industry has been replaced.
They project that end users have shifted to LNG-powered transportation due to a number of advantageous circumstances, replacing the need for roughly 220,000 barrels of diesel per day.
Analysts at WoodMac point out that as part of its attempts to lower carbon emissions and air pollution, China has implemented a number of policies, including support for infrastructure for refueling, promotion of the use of LNG trucks and restrictions on the use of diesel trucks.
Low natural gas prices have also contributed in the trend. Furthermore, LNG trucks are increasingly being chosen in China when comparing diesel alternatives in the medium- and heavy-duty truck logistics sector. They are mostly used for medium- and long-distance intercity freight transportation.
source: woodmac.com
They project that end users have shifted to LNG-powered transportation due to a number of advantageous circumstances, replacing the need for roughly 220,000 barrels of diesel per day.
Analysts at WoodMac point out that as part of its attempts to lower carbon emissions and air pollution, China has implemented a number of policies, including support for infrastructure for refueling, promotion of the use of LNG trucks and restrictions on the use of diesel trucks.
Low natural gas prices have also contributed in the trend. Furthermore, LNG trucks are increasingly being chosen in China when comparing diesel alternatives in the medium- and heavy-duty truck logistics sector. They are mostly used for medium- and long-distance intercity freight transportation.
source: woodmac.com