Oil To Gas Switching
Compressed natural gas (CNG) vehicles are already big in the Middle East. Many of the taxi fleets (or autos in India) have already swathed to gas instead of liquid fuel.
CNG vehicles will continue to see robust growth around globe excluding US. The forecasting firm IHS estimates that global CNG are likely to grow from 0.9 percent of global auto production to 1.1 percent by 2020.
Compressed natural gas (CNG) vehicles are already big in the Middle East. Many of the taxi fleets (or autos in India) have already swathed to gas instead of liquid fuel.
CNG vehicles will continue to see robust growth around globe excluding US. The forecasting firm IHS estimates that global CNG are likely to grow from 0.9 percent of global auto production to 1.1 percent by 2020.
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