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Saudis Expand Price War Downstream

Green Car Congress

The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel? By offering almost 2.8

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

Green Car Congress

Navigant expects that with a wider gap between natural and liquid fuel prices and more aggressive incentives, Western Europe and to a lesser degree Asia Pacific, will continue to see NGV growth, but at a lower rate than previous projections. Various regional factors affect the markets for natural gas vehicles (NGVs), Navigant observes.

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Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

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.

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

Green Car Congress

More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India. On the other hand, natural gas derived gasoline and diesel have the advantage of being drop-in fuels, but carry a higher conversion cost. Tcf/year, equivalent to 1.3 million bpd of oil.

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