According to Hydrocarbon and Energy Minister, Jose Luis Gutierrez, Bolivia will begin this “essential process to the country’s economy” in APril. He also stated that only gasoline vehicles will be converted in the first phase.
To begin executing the plan, the Bolivian government obtained the necessary financing funds from Eastern China Petroleum & Gas. This will able the country to afford NGV kits’ purchase and its installation, which will be fully done by PVR Technologies, an Argentinian firm which is settled in the city of La Plata.
In total, Bolivia estimates to switch 60,000 units to CNG – 3,000 in the first month-. To fulfill this objective, the purchase of the first 10,000 kits provided by PVR -within a total of 20 000- was already formalized. It is important to note that conversions will be completely free of charge to drivers.
Guillermo Pasquali, CEO of PVR, explained the reasons why his company was selected carry out this initiative: “We have been working in Bolivia for many years, which gives us a great knowledge of local fleet and market. In addition, the country’s geography –specially the altitude of certain towns, made us developing kits to operate in that conditions. Also, the businessman stressed that he feels “very proud” to be part of such important project, which “will transform the economical and ecological reality of a nation”.