MARKET NEWS
About 25 percent of the fleet of the City of Madrid works with natural gas
A 41 percent of municipal vehicles are eligible to be considered green fleet. Almost 25 percent, about 1.104 units, are powered by compressed natural gas (CNG). Most are buses of the Municipal Transport Company (EMT).
Universal Adsorbents & Chemicals launches compressed biomethane gas project in Thailand
Universal Adsorbents & Chemicals (UAC) expects to generate annual revenue of about Bt 50 million (USD 1.5 million) from its compressed biomethane gas (CBG) project, which will start supplying biogas to PTT in the middle of the year.
Mexico bets on natural gas and renewable energy
Energy Secretary of Mexico, Jordy Herrera, said the natural gas prices in the markets which make it an economically rational commitment to the growth of future infrastructure in the country.
British Columbia launches incentive program for natural gas vehicles
The Canadian British Colombia (BC) Ministry of Energy and Mines announced the Greenhouse Gas Reduction regulation that advances the adoption and deployment of natural gas vehicles (NGVs) in BC.
China unveiled a five year natural gas plan
China's annual natural gas consumption will add up to 260 billion cubic meters by the end of 2015, representing 7% to 8% of total energy consumption, according to a five-year plan released by the National Energy Administration.
Compressed natural gas accounts for 25% of fuel consumption in Iran
Compressed natural gas (CNG) accounted for 25 percent of fuel consumption by Iranian vehicles last year, hitting 5.840 billion cubic meters, gas officials announced.
Linde, Bohlen & Doyen and Gasrec request to take seats on NGVA Europe’s Board of Directors
NGVA Europe announced that three of its members have applied for seats on the association’s Board of Directors: Linde, Bohlen & Doyen, Gasrec and GNVert.
CNG bus service from Gordon College to Gojar Khan soon in Pakistan
In order to provide affordable and decent transport facilities to citizens, the Punjab government has decided to start a compressed natural gas (CNG) bus service from Gordon College to Gojar Khan in Pakistan.
NGV Implementing Entity signed agreement with organizations from Camiri
The Implementing Entity for Natural Gas Vehicles Conversion and representatives of public and private organizations from Camiri in the Bolivian department of Santa Cruz, signed an interagency agreement to support free conversion for the vehicle fleet.
The use of natural gas vehicles increased in Araçatuba
From January to March this year, the company distributed to 14 municipalities in northeastern São Paulo, a cumulative volume of 2.242.339 meters of natural gas, only in the segment of the NGV.
European Parliament plenary supports extension of tax benefits for natural gas and biomethane as a transport fuel
NGVA Europe reports that on 19th April, the European Parliament (EP) voted by large majority in favour of extending tax benefits for natural gas and biomethane as a transport fuel.
Cofide expanded agreement with Arequipa to develop natural gas vehicles projects
During this term Cofide will finance the purchase of units for the Integrated Transport System, the change of energy mix to natural gas vehicles and the implementation of a virtual pipeline and fueling stations.
Natural gas vehicle named pace car at NASCAR race track
Atmos Energy's 2012 Honda Civic will be leading a pack of professional racers who are vying to become the next NASCAR "All-Star" this Saturday, May 5, at the grand opening of the Revolution Park Racing and Entertainment Complex.
Bonds for conversion to natural gas vehicle in Colombia
In a strategy to increase demand for natural gas vehicles, five companies, conversion workshops and filling stations relaunched "The savings bond" in Cartagena.
CNG cars are the best sellers during the month of April in Venezuela
The best-selling vehicle during April was the Ford Fiesta powered by compressed natural gas (CNG), with a total of 893 units. While the Ford 350, also on CNG, came in third place with 714 trucks sold.
CNG rickshaws changing trend of public transport in Pakistan
Rickshaws running on compressed natural gas (CNG) have not only opened new channels for small investors and changed the trend of this mode of mini-public transport, but provided a means to make a living for people from various walks of life.
Forty new CNG refueling stations coming in Trinidad and Tobago
Approximately 40 National Petroleum compressed natural gas filling stations are expected to be opened in the next five years. Minister of Transport Devant Maharaj made this announcement at a CNG station sod-turning ceremony at the Vehicle Management Corp.
National Hydrocarbons Agency of Bolivia shows conversion of vehicles to CNG
The National Hydrocarbons Agency of Bolivia (ANH) presented at the International Fair of Cochabamba (FEICOBOL) samples of its flagship models of converting vehicles to natural gas and home connections.
Indian car makers optimistic on future of compressed natural gas
Car makers foresee a jump in compressed natural gas (CNG) run car sales substantially, thanks to better mileage and lower emissions, and also de-regulation of petrol prices.
New vehicles with CNG technology are presented in Italy
The Iveco dealer in Verona, Italy, along with Allison Transmission, presented the results of their partnership: trucks powered by compressed natural gas (CNG), which is the greenest fuel in local market.
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