OMV AG, Snam SPA, and Snam affiliate Trans Austria Gasleitung GMBH have signed a memorandum of understanding to seek opportunities in Austria for LNG use in transportation.
Activities might include construction of a small gas liquefaction plant, a framework for a later LNG supply agreement, and LNG market development.
OMV Chief Executive Officer Rainer Steele cited studies projecting the number of LNG trucks in Europe at 280,000 by 2030.
Lower emissions of carbon dioxide and particulates and less noise from LNG combustion “add up to environmentally sound goods transport,” he said. “This is why we should get on with expanding the requisite infrastructure and supply.”
Snam CEO Marco Alvera said Italy has Europe’s largest numbers of CNG distributors, at more than 1,300, and LNG distributors, more than 50.
“Snam is investing to further strengthen the network for both cars and trucks,” he said.