Gas for Transport

China’s LNG truck growth slows as outlook darkens

Rising fuel costs and the loss of a major business segment are putting the squeeze on China’s output of large LNG-fuelled trucks, which soared last year Rising fuel costs and the loss of a major business segment are putting the squeeze on China’s output of large LNG-fuelled trucks, which soared last year.
By Tang Tian 13 June 2018 0 31278
An LNG terminal in China Rising LNG prices have made LNG-fuelled trucks less economical to run. (CNOOC)

Rebounding LNG prices and a looming ban on hauling coal by road in eastern coastal provinces are putting the brakes on the manufacture of LNG-fuelled trucks in China, marking a reversal from the growth seen last year.

China produced less than half the number of LNG-fuelled heavy-duty trucks in each of the first four months of 2018 than it did during the same months in 2017, with February’s output down by 83% year on year, according to Chinese industry portal CVWorld. By comparison,...