Growth Anticipated for CNG and LNG Stations in Reports

cng_vehicles2a

Fleets & Fuels - August 7, 2013

The num­ber of NGV fuel­ing sta­tions installed world­wide will reach nearly 30,000 by 2020, says Nav­i­gant Research, pre­dict­ing that some 40% of the new sta­tions between now and 2015 will be in North Amer­ica. Another report issued in Hong Kong by San­ford C. Bern­stein & Company’s Neil Bev­eridge thinks that the num­ber of vehi­cles fueled by liq­ue­fied nat­ural gas in China will increase to 800,000 by 2020, from about 80,000 today.

Tags: