OMV Petrom has obtained a license to commercialize LNG, says a press release on their website.
License to commercialize LNG
OMV Petrom, the largest energy company in South-Eastern Europe, has obtained a license to commercialize liquefied natural gas, thus diversifying its activities on the gas market and related products.
LNG (liquefied natural gas) provides a cleaner mobility alternative with emissions of up to 15% less CO2, 50% less nitrogen oxide, and also 50% less noise compared with diesel trucks.
Essential role of natural gas
Franck Neel, member of the OMV Petrom Executive Board, responsible for Downstream Gas: “OMV Petrom’s entry on this market is a natural development. We believe that natural gas plays an essential role in the energy transition of Romania, especially because we can access these resources. Natural gas has multiple applications in power production, transportation, and industry, and can also contribute to reducing emissions and strengthening energy security. And liquefied natural gas represents a cleaner solution for the mobility sector.”
A Cleaner Alternative
Following liquefaction, natural gas can be safely stored and transported on very long distances, with a high degree of economic and energy efficiency. The liquefied natural gas can be used in the mobility sector as an alternative to conventional fuels, providing a cleaner alternative with emissions of up to 15% less CO2, 50% less nitrogen oxide, and also 50% less noise compared with diesel trucks.
Becomes Major Energy Source
Liquefied natural gas is also a solution for the supply of the areas that are not connected to natural gas transmission networks. In terms of industrial uses, the liquefied natural gas can be utilized as energy source, providing added efficiency and operability.
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Source: OVM PETROM
