IEA: Natural gas to make up 2.5 percent of transport fuel by 2018

www.businessweek.com Published: May 14, 2013
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Natural gas will increase its share of road transport fuels to 2.5 percent in 2018 from 1.4 percent in 2010 as consumers look for cheaper, cleaner forms of propulsion, according to the International Energy Agency.



Further displacement of oil as the leading transport fuel is being held back by the need for “substantial” infrastructure, the IEA said in its medium-term oil-market report, published today. Oil will account for 96.4 percent of road-transport fuel in 2018 from 97.8 percent in 2010, the Paris-based IEA said.

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