During a meeting of Gazprom Board of Directors, the company stressed one of its main objectives in the domestic market is to considerably expand the NGV fuel business and set up a large-scale natural gas market on its basis. It was also mentioned that the absence of a federal law, envisaging a set of measures to promote the conversion of vehicles, is one of the main problems for the domestic market development.
Thus, Gazprom decided on including a special section concerning transition to natural gas into the Russian Regions Gasification Program beginning with 2013. In turn, the Board of Directors charged the Management Committee with the continuation of work on expanding the use of CNG as a motor fuel in Russia in cooperation with state authorities.
The Management Committee was also tasked to continue work on expanding the use of natural gas as a vehicle fuel abroad. The Board of Directors will be made aware of the progress with this work in the first quarter of 2013.
Source: Gazprom
