LNG By Rail, With Scott Nason, Chart Industries, and David Nahass, Railroad Financial Corporation

The U.S. Department of Transportation (USDOT) and the Pipeline and Hazardous Materials Safety Administration (PHMSA), in consultation with the Federal Railroad Administration (FRA), issued on June 19 a final rule authorizing the bulk transportation of liquefied natural gas (LNG) by rail. Specifically, the rule will permit the bulk transportation of LNG in DOT-113C120W9 specification tank cars with enhanced outer tank requirements and additional operational controls. Scott Nason, Application Development Manager – Rail & ISO Markets at Chart Inc., discusses the market potential and safety aspects of LNG by rail with Railroad Financial Corp. President and Railway Age Financial Editor David Nahass and Editor-in-Chief William C. Vantuono.