April 3, 2021. The Director of the National Iranian Oil Refining and Distribution Company (NIORDC)’s compressed natural gas (CNG) programs said the company has turned 83,802 public transport vehicles into dual-fuel cars since the beginning of the current Iranian calendar year (March 20, 2020).
NIORDC and state-owned Iran Khodro Company (IKCO) signed a memorandum of understanding (MOU) in December 2019, to add 1.46 million new dual-fuel vehicles to the country’s public transportation fleet.
According to Mohammad-Hossein Baqeri, the total number of cars registered in NIORDC’s previous conversion program was 264,423 cars, of which only 116,066 were eligible to use the program’s facilities.
The official noted that following the mentioned program, the government has also started a new scheme for turning the automobiles registered in online transportation apps (like Snap and Tapsi in Iran) and also in taxi agencies into dual-fuel cars over the past weeks.
“The registration for the owners of such vehicles is underway and based on this program the government is going to pay for 75 to 80 percent of the conversion costs through bank loans offered to the owners,” Baqeri explained.
He further noted that some necessary measures have also been taken for smartening of the country’s CNG stations.
NIORDC Managing Director Alireza Sadeqabadi had said that developing the country’s CNG industry could potentially save Iran US$14 billion.