Volvo and Shell in global gas agreement

Volvo and Shell in global gas agreement

Volvo Trucks and Shell have agreed to cooperate globally on the introduction of Liquefied Natural Gas (LNG) as a fuel for commercial heavy duty trucks. Based on Volvo’s new MethaneDiesel concept whereby LNG can be used in diesel engines, and Shell’s LNG expertise and infrastructure investments, the two companies will coordinate their activities and actively support the wider use of LNG in the transport sector.
“Shell is a key player in this market and we are one of the leading truck manufacturers, with an energy-efficient gas truck already available on the market. Together we believe that we can enhance and speed up the introduction of LNG to the transport business, both through own activities and by inspiring others”, says Lennart Pilskog, Director of Public Affairs at Volvo Trucks.
The collaboration agreement is underway and work has begun with the first stage focused on selected markets in central Europe and in the United States.
The agreement is non-exclusive both ways. On-going or future cooperation and dialogues with other partners will not be affected by this agreement.
Gas for long haul transports
Natural gas is today used in compressed form (CNG) in city buses and smaller commercial vehicles. However, to be able to perform long haul assignments the vehicle must be able to carry a larger amount of fuel on board. This is made possible if the engine can run on LNG since the gas has a smaller volume in liquefied form.
The Volvo FM MethaneDiesel is equipped with the new methane-diesel technology and uses liquefied gas as its main fuel. The truck is already available in Sweden, Norway, Belgium, Spain, the Netherlands and the UK and at present the market roll-out is expanding into Italy and France.
“We see considerable potential for our gas truck and will continue the roll-out in more markets along with the development of our production capacity and gas infrastructure. Using liquefied natural gas in a diesel engine is very energy-efficient, it is a new fuel option that could dominate for heavy duty vehicles for the foreseeable future,” concludes Lennart Pilskog.
Wider use of LNG will also facilitate the distribution of liquefied biogas (LBG) produced from renewable sources.
Source: volvotrucks.com
ISSUERS OF NEWS RELEASES AND NOT OILANDGASPRESS.COM ARE SOLELY RESPONSIBLE FOR THE ACCURACY OF THE CONTENT.
Public relations, press release distribution service, investor relations, SEC filing, regulatory news,upstream, downstream,corporate announcements,technology developments and political news
www.oilandgaspress.com – The ‘one stop shop’ for global Oil and gas press releases!!!
Email: info@oilandgaspress.com to let us know about your events and we’ll list them free of charge
Email: info@oilandgaspress.com to Advertise your company’s services and reach thousands of oil and gas industry executives and professionals
Oil and Gas Press

#FOLLOW US ON INSTAGRAM