With fluctuating diesel prices1, policy frameworks and the general move towards alternative fuel sources2, biomethane (produced from upgraded biogas) can be used as an alternative to fossil-based fuels for freight transport in the form of bio-LNG (liquefied natural gas).
The bio-LNG market was previously a relatively small part of the gas processing world but has since expanded. While future growth projections have been undermined in 2022, the International Energy Agency’s (IEA) Renewable Energy Market Update – May 20223 report states that “growth in transportation fuels, albeit at more modest levels, and strengthening biofuel policies still drive year-on-year biofuel demand higher by 5% in 2022 and 3% in 2023.”
How Bio-LNG is Produced
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