Minister of Petroleum Mineral Resources Tarek El Molla has held a meeting to follow up on the latest developments of using compressed natural gas (CNG) as fuel for vehicles and plans for the next period.
During the meeting, it was noted that the number of converted vehicles increased, especially after the initiative launched in October 2023 to extend the conversion cost installment period over two years rather than one year as well as the significant development in total sales of car gas.
For his part, El Molla pointed out that procedures facilitated to the citizens through installing the conversion costs were an incentive, especially in light of the expansion of natural gas supply stations all over Egypt.
The attendees also discussed the latest updates of digitalizing the system for monitoring the transport, trade, and circulation of vehicle gas, and plans to intensify car conversion to run on natural gas and raise their rates until June 2026, in addition to providing the necessary components and financing.
Also, the minister emphasized the economic and environmental potential of converting cars to run on CNG, a move that will save citizens money, cut the costs of using traditional fuel, and reduce emissions from octane burning.
He stressed the importance of the integration and coordination among all concerned agencies participating in the initiative to accelerate the achievement of its goals.