LNG Filling Stations Market 2018-2026 Scope and Price Analysis of Top Manufacturers Player | CNOOC, Sinopec, Cryostar, Sinopec

Natural gas is a major source of energy. Liquefied natural gas or LNG is natural gas that has been converted to a liquid form for the ease of storage or transport by cooling natural gas to approximately −162 °C. Afterwards, it is stored at essentially atmospheric pressure. Liquefied natural gas market takes up about one six hundredth the volume of natural gas in the gaseous state. It is odourless, colourless, non-toxic and non-corrosive.

LNG, natural gas, is natural gas that is cooled to -260° Fahrenheit until it becomes a liquid and then stored at essentially atmospheric pressure. Converting natural gas to LNG, a process that reduces its volume by about 600 times – similar to reducing the volume of a beach ball to the volume of a ping-pong ball – allows it to be transported internationally via cargo ships.

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Scope of the Report:
Based on application, the LNG filling station market can be classified into vehicles and ship. The vehicles application segment consists of automobiles running on LNG. These are primarily heavy duty vehicles and other vehicles utilizing LNG as fuel source. The ship application segment comprises ships and barges running on LNG.

Up to now the common use of gas as fuel was for heavy vehicles running on Natural Gas (NG) only for municipal use, urban buses and garbage collection trucks. In both types of application engine performance and autonomy are good with present technologies, being well adapted to this alternative and cleaner fuel.

This opens the way for LNG (Liquefied Natural Gas), which is the way to transport natural gas by ship to any point of the globe. NG liquefies at 162º C below zero, and the cost in energy is only 5% of the original gas. This state of NG gives LNG the advantage of a very high energy content. Only 1,8 liter of LNG areneeded to meet the equivalent autonomy as using 1 liter of diesel oil.

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
CNOOC
ENN Energy Holding
Guanghui
Sinopec
Cryostar
Engie
FortisBC
By Application, the market can be split into

Permanent Station
Ship
By Application
Vehicle

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