During the forum “The business of fuel distribution,” the general director of the Spanish Association of Operators of Liquefied Petroleum Gas (AOGLP, as in its Spanish acronym) José Luis Blanco said that propane autogas supports filling stations’ diversification strategies and development and provides a broader offering.
In his presentation, Blanco spoke about the existing fueling network in Spain, with more than 400 facilities selling LPG, which allows drivers to cross the country from north to south using this fuel. He also reported that demand for such stations continues to grow in the region, thus he thinks LPG is a great business opportunity for local fuel retailers as they can attract new customers to their sites.
Another important data to consider is the fact that automakers are also looking at the possibility of continuing to invest in the sector. Currently, there are over 50 models of new cars manufactured to operate with LPG. In addition, all vehicles registered after 2001 can be converted to run on this fuel.
According to AOGLP, this alternative fuel is most widely used around the world as there are over 25 million vehicles equipped with this technology, including 13 million operating in Europe. In Spain, there are already about 40,000 units.
Source: AOGLP.
