CNG Sector Distressed Despite High Capacities, Advantages

Although expansion of the privately-owned compressed natural gas industry can help curb gasoline consumption by 40 million liters per day, government negligence is pushing the CNG retail sector to the brink of insolvency, the head of Iran CNG Association said.
“Gasoline demand in Iran will surpass supply in the foreseeable future and the most effective strategy to help prevent the National Iranian Oil Company from becoming a gasoline importer again is developing the loss-making CNG sector,” Ardeshir Dadras was also quoted as saying by ILNA.
Despite having one the most expanded natural gas networks in the world, CNG demand in Iran is less than 25 million cubic meters per day while CNG filling stations can supply more than 40 mcm of the clean fuel per day, he added.