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CNG Stations Ready for Higher Demand

CNG Stations Ready for Higher DemandCNG Stations Ready for Higher Demand

Compressed natural gas stations are ready to provide at least 40 million cubic meters of fuel a day, head of the Iran CNG Association said.
“Now that CNG is three times (30%) cheaper than gasoline, some motorists and taxi drivers would be willing to fill up with CNG,” Ardeshir Dadras was quoted as saying by ILNA.
Raising gasoline prices was a good idea because it can help increase eco-friendly CNG consumption, the official said in contrast to the views of the common people and economic experts that believe the timing and amount of price increase was inappropriate. 
Each cubic meters of gas is sold for 4,600 rials (3.5 cents), while a liter of subsidized gasoline costs 15,000 rials (12 cents) and non-subsidized fuel twice this amount (30,000 rials).
According to the official, CNG consumption declined 15% since May when gas prices rose by 10% while gasoline prices were unchanged.

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