Benefits of LNG
Why choose liquefied natural gas for your business? Here are the facts about this cheaper, greener, and safer fuel source.
Benefits of Liquefied Natural Gas
FLiNG Energy specializes in the process of assisting businesses in making liquefied natural gas (LNG) their primary energy source. LNG is natural gas (comprising 90% methane) that has been cooled and converted into liquid form for efficiency of storage and transport. It occupies approximately 1/640th of the volume of unconverted natural gas. Cars, trucks, and other vehicles powered by LNG, known as natural gas vehicles (NGVs), perform similarly to their gasoline or diesel-powered counterparts. LNG is also a highly efficient fuel source for marine engines and large industrial machinery.
Here are some of the important advantages and benefits of making liquefied natural gas your fuel choice.
The use of liquefied natural gas has considerable financial benefits for businesses, as it is a significantly less expensive alternative to gasoline and diesel. As an example, United Parcel Service, Inc. reported a 40% reduction in fuel costs by switching to natural gas vehicles. Learn more about UPS’s aggressive plans to move to predominantly LNG-based operations here.
In an era of environmental consciousness, liquefied natural gas presents a significantly more sustainable energy source than traditional fossil fuels. It is one of the cleanest-burning fuels available, emitting 20-30% fewer greenhouse gases and 20-45% fewer smog-producing pollutants than diesel or gasoline vehicles. LNG is also a renewable energy choice, as landfills and livestock manure are major sources of methane used for conversion.
When it comes to fuel use, safety is always a concern for you and your employees. The composition of liquefied natural gas makes it a highly unlikely to ignite or explode, even in the event of a spill. LNG burns at a higher temperature than gasoline or diesel and is nontoxic. Additionally, for an LNG spill to cause a fire, the ratio of vapor to air would need to be about 10%, and it would require the presence of a spark. The amount (ratio) of vapor required for gasoline to ignite is much lower. In the absence of a spark, LNG is non-explosive.
Abundance and Accessibility
Liquefied natural gas is an abundant resource in North America. As liquefied natural gas becomes a predominant fuel choice in the U.S., we will see the rapid proliferation of alternative fuel stations.
The use of liquefied natural gas is superb for your bottom line, but its positive economic repercussions are much broader. About 94% of natural gas used in the U.S. is domestically produced, as reserves are plentiful. Businesses’ use of LNG creates American jobs, stimulates the U.S. economy, and increases energy security by reducing dependence on international fuel sources.
Political and Regulatory Value
The case for natural gas is extremely strong in the U.S., where the political and regulatory climates focus on clean energy as a measure of energy independence and security. Natural gas is an ideal choice, as it is abundant, sustainable, and domestically sourced.
An All-Around Excellent Choice
Liquefied natural gas is a superior choice for your business, as well as the economy and the ecosystem. FLiNG Energy is dedicated to providing you with this financially viable and environmentally sustainable energy option. We look for to assisting you in every step of the conversion process. In addition to making LNG more available as a resource, FLiNG is committed to helping businesses transition to LNG-based operations by providing the necesary financial and technological support.