Natural Gas Vehicles to Save Citizen EGP 1,200 Monthly

Natural Gas Vehicles to Save Citizen EGP 1,200 Monthly

The Minister of Petroleum and Mineral Resources, Tarek El Molla, said that natural gas usage as fuel will save about EGP 1,200 monthly for each citizen who uses an average 10 liters of gasoline 92 per month, according to a statement published by the Cabinet.

He pointed out that people can save about EGP 825 monthly if they are using 10 liters of gasoline 80. El Molla elaborated that the price of natural gas per cubic meter is EGP 3.5, while the price of gasoline 80 price is EGP 6.25 per liter and gasoline 92 price is EGP 7.5 per liter.

This came during a meeting headed by the Prime Minister Mostafa Mabdouly to review the efforts of converting vehicles to run on natural gas instead of gasoline, in attendance of several ministries.

El Molla added that this action will allow citizens to redeem the cost of conversion in a period of three to six months. The minister said that the new system of conversion supports engines and raise their efficiency to the optimum performance.

Regarding payment facilities, the minister said that there are several installation payments with zero deposit and interest.

For her part, Neveen Gamea, the Minister of Trade and Industry, said that her ministry is working on implementing a comprehensive strategy for nationalizing car manufacturing, including the initiative of replacing old cars with natural gas cars across seven governorates as a first phase. She added that this initiative is focusing on microbuses and taxis mainly.

From another side, the Minister of Military Production, Mohamed Morsi, said that his ministry started to convert public buses of transportation to run on natural gas in Cairo. He showed the procedures taken to manufacture natural gas cylinders by establishing a plant for producing cylinders of compressed natural gas (CNG).



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