The company was invited to speak at the “GNL Conference” held in Genoa and hosted by the World Energy Council (WEC) Italy in collaboration with the Genoa Port Authority. The premise of this event was to take stock of the current outlook regarding the global supply and demand of LNG as well as the opportunities for its use in the shipbuilding and road transport sectors.
During the presentation of CNH Industrial, Institutional Relations for the EMEA (Europe, the Middle East and Africa) Region provided insight into the company’s stance on LNG as both an environmentally and cost friendly solution for the transport sector.
In terms of LNG refueling infrastructure, CNH Industrial addressed the topic in a number of ways: first stressing the importance of investment for developing this infrastructure, then providing an outlook forecast as to the possible scenario of how developed it will be in Europe by 2025; and then examined the current obstacles to this development, which include cost, current legislation limits, land availability for construction and doubt among opinion leaders as to the long-term staying power of alternative gas in the marketplace.
CNH Industrial is the current European leader in natural gas engines and natural gas commercial vehicles. For over 25 years, CNH Industrial’s powertrain brand FPT Industrial has been a global frontrunner in the development and production of natural gas engines for on and off-road vehicles as well as for marine and power generation applications. Moreover, its Iveco brand offers a full range of NGVs and has over 200 LNG vehicles currently in circulation throughout Europe and continues to receive and deliver orders.
Source: CNH Industrial