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Navigant forecasts global natural gas fleet of 34.9M by 2020

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The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 million by 2020. million sales expected in 2013.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. million vehicles in 2015 to 3.9 million in 2025. of all LDVs.

2015 150
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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% NGVs have substantially lower GHG, CO 2 , and NO x than gasoline or diesel. million in 2008. Environmental benefits.

2015 268
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Saudis Expand Price War Downstream

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The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. By offering almost 2.8

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International study identifies 14 key measures to reduce methane and black carbon emissions; reduction in projected global mean warming of ~0.5 °C by 2050

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A study by an international team of researchers, led by Drew Shindell of NASA’s Goddard Institute for Space Studies (GISS) in New York City, has identified 14 measures targeting methane and black carbon (BC) emissions that could reduce projected global mean warming ~0.5°C °F) by 2050, as well as improving human health and agriculture.

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IEA working paper highlights potential role of natural gas in reducing global road transport CO2

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The global natural gas vehicle fleet has grown rapidly in the last 10 years, but still represents less than 1% of global transport fuel consumption. The global fleet of NGVs consists largely of passenger cars/LDVs, although there are some regional differences. Click to enlarge.

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MIT and IEA reports take different views of the future of natural gas in transportation

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MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. Globally, natural gas vehicles are a small fraction, on the order of 1%, of the close to 900 million vehicles in the vehicle parc.

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