NOVATEK Launches LNG Fueling Station in Germany

PAO NOVATEK announced that its wholly owned subsidiary, Novatek Green Energy, has launched its first carbon-neutral1 LNG fueling station in Rostock in
NOVATEK Launches LNG Fueling Station in Germany
LNG Fueling StationNaftegaz

PAO NOVATEK announced that its wholly owned subsidiary, Novatek Green Energy, has launched its first carbon-neutral1 LNG fueling station in Rostock in Germany. As part of NOVATEK’s long-term strategy, the Company plans to build a network of LNG fueling stations in Europe to provide heavy duty transport with clean fuel at key transport connecting points between Germany and Poland. Currently, the Company operates a network of six LNG fueling stations in the European market as well as 19 regasification facilities.

Carbon neutral offsets from a carefully selected portfolio of emission reduction projects, including wind generation projects in developing countries, will be used to compensate for the LNG’s carbon footprint sold to end-customers. The certification of emission reduction projects will be performed in accordance with the authoritative international standard Verified Carbon Standard or VCS.

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