India aims to cut diesel consumption with $ 1.35 billion retail LNG push

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The companies will install LNG refueling stations along a 6000 km network of highways connecting the four main metropolitan areas, he said, adding that the transport sector can use up to 25 million meters. cubes per day LNG equivalent in the initial phase.


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Using LNG in heavy vehicles will reduce fuel costs by 40% compared to diesel

Indian companies will spend 100 billion rupees ($ 1.35 billion) over three years on 1,000 liquefied natural gas (LNG) stations along main roads and industrial corridors and in mining areas, the minister said on Thursday. Oil, to reduce diesel consumption. Diesel, which accounts for about two-fifths of India’s refined fuel consumption, is widely used by buses, trucks and in the mining sector.

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“Even if the LNG vehicle segment reaches 10% market share in a fleet of 10 million trucks, it will have a positive impact on reducing emissions and replacing crude,” said Dharmendra Pradhan at a ceremony laying the foundation for 50 LNG stations.

Using LNG in heavy vehicles will cut fuel costs by 40% compared to diesel and help contain inflation, he said, and urged automakers to consider producing vehicles compatible with it. LNG.

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LNG is suitable for long-haul trucks and buses because its higher energy density can help vehicles travel 700-900 km on a single fill, compared to around 300 km for a diesel vehicle, said VK Mishra, chief financial officer. by Petronet LNG.

The companies will install LNG refueling stations along a 6000 km network of highways connecting the four main metropolitan areas, he said, adding that the transport sector can use up to 25 million meters. cubes per day LNG equivalent in the initial phase.

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Indian companies are spending billions of dollars to build gas infrastructure, including pipelines and import terminals, to increase gas’s share of the energy mix to 15% by 2030, from 6.2% currently .

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The use of LNG will also help India meet its commitment under the Paris Agreement to reduce the greenhouse gas emissions intensity of its gross domestic product from 33% to 35% compared to to 2005 levels by 2030, he said.

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