Shale Gas and the Road Fuel Market: Can CNG reduce oil dependence in UK transport?

On: 17 January, 2012 at 18:30
Location: Committee Room 10, House of Commons

17 January 2012, 6:30pm - 8:00pm

Shale Gas and the Road Fuel Market: Can Compressed Natural Gas reduce oil dependence in UK transport?

Speaker: John Baldwin, (Managing Director, CNG Services & Chair of REA Biogas)

To be followed by Q & A

DECC forecasts that Britain will be importing 1 million barrels of oil a day in 2020, primarily for use in road transport. At $150 a barrel, this translates to $3 billion a month spent on imported oil. Compressed Natural Gas (CNG) is already used as a road transport fuel in many countries. To what extent could increased use of CNG help reduce oil consumption in the UK? What impact does the shale gas revolution have on this?

John Baldwin (Managing Director, CNG Services & Chair of REA Biogas) will explain why he thinks that shale gas and CNG for road transport will reduce UK oil dependency and carbon emissions, as well as support growth in renewables.