Natural Gas Vehicles Conversion
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Gastec, MSMEDA Sign Fourth Phase Contract for NGV Conversion Fund
Sunday, 13th December 2020
The Chairman of the Egyptian International Gas Technology (Gastec), Abdel Fattah Farahat, has signed the fourth phase of the fundng contract for converting cars to run on dual fuel (natural gas- gasoline) with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) worth EGP 10 million under the presidential initiative to expand the utilization of natural gas as a fuel for vehicles.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.97 | -0.25% |
Crude Oil (Brent) Brent | USD/bbl | 66.63 | -0.21% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +1.27% |
OPEC Basket Price | USD/bbl | 64.48 | +1.72% |
Last Modified April 19, 2021