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Monthly Archives: March 2018

Total Group Aims To Reach 350 NGV Stations In Europe By 2022

Total Group is in the process of developing its network of natural gas vehicles (NGV) refuelling stations in France and abroad. The main objective is to reach 350 compressed natural gas (CNG) facilities in Europe, including 110 in France by the year 2022.

Benoît Luc, European Director of Total’s Marketing and Services Division has stated that “Priority will be given to accelerating development in the countries where the group is present,” including Germany, Benelux and France.

The French company currently has a network of approximately 500 gas vehicle refuelling stations around the world.

Total Group, which won a tender with the mixed company Sigeif Mobilités, will be responsible for the construction of the station and then benefit from a ten-year operating concession that covers on-site commercialisation and maintenance.

Development work will begin in the fall for a delivery of the site in the spring of 2019.

Source: GNV Magazine

Call For Projects To Finance CNG Stations In Belgium

Benefic projects aims to accelerate the deployment of compressed natural gas (CNG) and liquid natural gas (LNG) stations in Belgium, which will be funded by the CEF program of the European Commission.

This proposal aims to support the cross-border deployment of alternative fuel infrastructure in Belgium (regions of Flanders and Brussels Capital) and in the Netherlands.

With regard to natural gas vehicles, the call for Benefic projects concerns only Belgium and the installation of four service stations is proposed, two of which are in the Brussels Capital Region and two that combine CNG and LNG in Flanders.

In all cases, limited to 20% of the eligible costs, the maximum financial support will depend on the type of station installed. The maximum amount is set at 60.000 euros for a CNG station and 240.000 euros for a LNG refuelling facility.

In terms of time, projects must be submitted before May 14 this year and winners will be announced in June and July this year.

Source: GNV Magazine

BP Predicts Natural Gas Will Be World’s Main Fossil Fuel By 2040

British Petroleum expects that natural gas will take over oil as the world’s main fossil fuel energy source by the year 2040, according to a new report by Reuters.

“We see it (gas) take over from coal in the early 2030s. We think there is a very good case for gas actually overtaking oil post 2040 or just before 2040,” Dominic Energy, BP’s VP for strategic planning said during a conference in Vienna on Wednesday.

The demand growth for gas in just China alone will have a rise of 15% year-over-year, while global demand increases by 1.6% annually for a number of years. The oil demand curve, on the other hand, will slow to 0.8% growth in the meantime.

“We do see a very strong chance that (gas) is going to be the largest source of primary energy into the future… By gas we mean natural gas, but also … we mean biogas, we mean biomethane, we mean power-to-gas.”

A previous forecast by the UK based company said oil’s share of global fossil fuel markets would shrink from 33% to 30% by 2035. Most of the gains would go to natural gas, which is considered better to the environment due to lower carbon emissions.

Source: Oilprice