Transneft planning to convert motor vehicles to natural gas

Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Pavel Revel-Muroz, Vice President of Transneft, today signed a Cooperation Agreement at the 8th St. Petersburg International Gas Forum.

The signing ceremony took place in the presence of Alexey Miller, Chairman of the Gazprom Management Committee.

Among other things, the parties plan to jointly participate in the implementation of industry-specific and regional NGV utilization programs.

Transneft will inform Gazprom about plans regarding NGV equipment utilization at its enterprises. Gazprom, in turn, will develop the NGV refueling network, taking into account Transneft’s potential demand for gas as a vehicle fuel.

Background

The 8th St. Petersburg International Gas Forum is being held as part of the Russian Energy Week International Forum.

Expanding the use of natural gas as a vehicle fuel is among Gazprom’s priorities in the national market. The Company develops the CNG filling station network, coordinates the efforts of relevant domestic NGV market players, and systematically expands its gas-powered vehicle fleet.

To date, Gazprom signed documents envisaging the conversion of motor vehicles to natural gas with the following pipe companies: United Metallurgical Company (OMK), TMK, Chelyabinsk Pipe Rolling Plant (ChelPipe), and Severstal, as well as the Russian Post. Cooperation is in progress with Russian Railways, Sinara Group and Transmashholding in using liquefied natural gas at railway locomotives.

Transneft is a transmission company operating long-distance oil and petroleum product pipelines in 64 constituent entities of the Russian Federation. Transneft’s fleet of motor vehicles exceeds 24 thousand units.