WELCOME TO GLOBAL CNG-LNG
Global CNG-LNG is an US-based natural gas project consulting and development company, specializing in downstream LNG and CNG fueling station. As one of the cleanest fossil fuels, natural gas has an important role playing in helping the USA reduce its greenhouse gas emissions and its reliability on oil imports.
LNG & CNG --- Market-Driven Transition to Clean Transportation Fuel
" Growth of oil consumption, especially in South Asia region (China, India, etc.) passes significantly ahead of oil production capacities of OPEC and other countries. The only way to avoid fuel crisis that has been already taken by many countries is transition to alternative motor fuels. CNG and LNG are cheaper than gasoline and diesel vehicles fuel even cheaper than propane, and are well suited for use by vehicle fleets that consume high volumes of fuel, refuel at centralized locations, and are increasingly required to reduce emissions.
According to the U.S. Department of Energy’s Energy Information Administration (EIA), the amount of natural gas consumed in the United States for vehicle use more than doubled between 2000 and 2010. It continued a growing share in 2012. U.S. imports of petroleum continue to decline in 2011 due to increased production of gas liquids and biofuels and greater fuel efficiency. By 2035, it will down by 36%. Gasoline and diesel comprise the vast majority of vehicle fuel consumed in the United States, while CNG, LNG and other alternative fuels represent less than 3% of this consumption, according to the EIA. Alternative fuels, as defined by the U.S. Department of Energy (‘‘DOE’’), include natural gas, ethanol, propane, hydrogen, biodiesel, electricity and methanol.
Through the summer of 2008, domestic prices for gasoline and diesel fuel increased significantly, largely as a result of higher crude oil prices in the global market and limited refining capacity. Crude oil prices were affected by increased demand from developing economies, such as China, India and the Middle East, global political issues, weather related supply disruptions and other factors. However, the global recession in 2008 through 2009 brought about a decline of world oil prices. As world economic growth has resumed and political instability has swept the Middle East, oil, gasoline, and diesel prices have again increased, with prices for a barrel of crude topping $100 a barrel in February 2011.
Higher oil, gasoline and diesel prices improve the magnitude of the immediate market opportunity for alternative fuels. Increasingly stringent federal, state and local air quality regulations, a desire to lower greenhouse gas emissions, and regulations mandating low carbon fuels continue to develop, and the need for fuel diversity further represents an opportunity for alternative fuels in the United States and Canada. Natural gas as an alternative fuel has been more widely used for many years in other parts of the world such as in Europe and Latin America, based on the number of natural gas vehicles in operation in those regions. The February 2011 edition of the Gas Vehicles Report estimates that there are more than 110,000 natural gas vehicles in the United States compared to approximately 13.8 million worldwide. ". --- Source is DOE & EIA websie