German LNG fueling station operator Alternoil has recently signed a deal to supply bio-LNG to compatriot logistics firm Contrail Transport.
Alternoil, a part of avanca, said in a statement it would supply bio-LNG to Contrail for at least the next six years.
It said that Visbek-based Contrail operates a modern fleet of more than 150 heavy-duty vehicles.
However, Alternoil did not provide any additional information regarding the deal.
With this deal, Alternoil’s customer portfolio continues to grow.
Alternoil also recently signed a deal to supply bio-LNG to compatriot transportation company Steinbach, and it signed deals to supply LNG-powered trucks owned by Lithuanian transport firm Vlantana, and Italian transport firm Zambon.
In August last year, Alternoil started taking deliveries of bio-LNG from Sweden-based Biokraft, previously known as Scandinavian Biogas.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
The volume of long-term LNG contracts signed to end-user markets climbed to a 5-year high in 2021. 10-year LNG contracts are currently priced at ~75% above 2021’s rate. Bloomberg data shows that LNG demand is […]
In recent years, as energy security has grown in importance, the coal industry rebounded rapidly – with some companies seeing their profits soar by as much as 60%. While there is still plenty of money […]
Over the last decade, energy experts repeatedly assured policymakers around the world that increasing the use of renewables, while shutting down nuclear plants, would make energy supplies more secure, while lowering prices. To make their […]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkNoPrivacy policy