Compressed Natural Gas (CNG) is a fuel source that is made from compressing natural gas to less than 1% of its standard atmospheric volume. Because CNG is a compressed form of the same gas we use in our homes, it can be used in a combustion engine. CNG combustion produces fewer undesirable gases than other fossil fuels.
Strategic partnerships with with the goal of expanding the current CNG-fueling station infrastructure. Increasing the amount of biomethane in CNG offers massive potential for CO2 reductions. Therefore, ONTRAS aims to ensure that the highest-possible share of biomethane will be offered at its fueling stations.
With the newly created company Cubogas, wholly-owned by Snam4Mobility (the Snam company developing infrastructure for refuelling CNG and LNG engines), Snam has enlarged its activities with a business arm dedicated to technological solutions for natural gas supply stations. Snam will be able to increase the level of service it offers to investors in natural gas- and renewable gas-powered transport, as it will be supplying one of the best technologies for pollution reduction available helping the improvement of air quality.
Gaz Metro and Fluxys work together to develop the liquefied and compressed natural gas market. The agreement will pave the way for an exchange of information and expertise related to LNG and CNG, particularly on the technical, commercial, contractual, regulatory, fiscal and administrative fronts. The two parties, which indirectly share a major shareholder in the Caisse de dépôt et placement du Québec, have also agreed to explore co-investment opportunities as interesting projects take shape.
Thanks to a long-established and cutting edge technology, Italy is the first European market for natural gas for vehicles, with over 1 billion cubic meters consumed in 2016 and about 1 million vehicles currently in circulation. Snam believes in CNG as an alternative fuel for road transport and promotes a series of initiatives to foster the use of CNG on an even larger scale. Snam will invest around 150 million euros over the next 5 years to facilitate CNG-refueling-plant development. This will increase the number of existing methane gas stations, improve service quality, and ensure a more balanced distribution of stations througout the country.
Alternative transport fuel will see Clean Ireland Recycling in Ireland become the first waste management company to operate CNG fuelled trucks.