Compressed natural gas Compressed natural gas Compressed natural gas (CNG) (methane stored at high pressure) is a fuel which can be used in place of gasoline, diesel fuel and propane/LPG. CNG combustion produces fewer undesirable gases than the fuels mentioned above. It is safer than other fuels in the event of a spill, because natural gas is lighter than air and disperses quickly when released. Biomethane – cleaned-up biogas from anaerobic digestion or landfills – can be used. CNG is made by compressing natural gas, (which is mainly composed of methane, CH), to less than 1 percent of the volume it occupies at
Phoenix Natural Gas Energy Limited (its Republic of Ireland supply business) for £19.1 million. Terra Firma sold Phoenix Natural Gas to Hastings Funds Management (now re-branded Vantage Infrastructure) in 2013 for £700 million. The Utility Regulator in October 2015 set out a proposal to extend the licence area of Phoenix Natural Gas to include 13 new towns at an expected cost of £58 million. Phoenix Natural Gas Phoenix Natural Gas is the largest gas distribution business in Northern Ireland, being the owner and operator of the licence for the distribution network in the Greater Belfast area. The distribution business is responsible for the