More than 400,000 vehicles estimated to be powered by regular gasoline form an automotive market share that is likely to convert its vehicles to CNG because there is not such a price differential between regular gasoline and premium gasoline.
Conversion technology applicable to vehicles with regular gasoline-driven carburettors system is cheaper compared to fuel injection-based technology. In addition, credits for conversions -long term and with fixed instalments- are being offered, which are easily accessible and convenient for retirees and public employees, among other potential users.
“The lack of regular gasoline in the market is an opportunity for NGV sector. Since the difficulties started, even with premium gasoline, we have evaluated that users are turning into CNG once again,” president of the CAGNC Fausto Maranca stated. Besides, he pointed out that the number of conversions in Argentina was doubled during 2010 and the estimated results for this year are very positive.
Source: Argentinean Chamber of CNG
