April 19, 2019. The Ministry of Energy and Mines of Peru expects to convert more than 15,000 vehicles to natural gas by the end of this year through the state program BonoGas Vehicular, which provides financing to users who wish to migrate to the use of the gaseous fuel.

This program, implemented for eight months, provides financing with an interest rate of approximately 3%, in a period of up to five years, to people who own light vehicles.

According to the Ministry, from September of last year to date, more than 1,321 drivers from Lima, Callao, Ica and Huancayo have opted to convert their vehicles to natural gas, driven by credit facilities and interest rates of the state program.

In Lima, the number of converted cars totals 1,204. The districts that have registered the most conversions to date are Santiago de Surco (246), Surquillo (215), San Martín de Porres (127), Lima (125), San Juan de Lurigancho (110), Villa El Salvador (110), and Comas (100). To this the conversions made in Callao, Ica and Huancayo, which exceed a hundred, are added.

The financing of the BonoGas Vehicular is granted through financial institutions, in virtue of an agreement subscribed with the Social Energy Inclusion Fund (FISE), currently administered by the Supervisory Body of Investment in Energy and Mining (Osinergmin).