e v w o r l d.c o m     s p o n s o r


NEWS

THU

28-Oct-2004



PHOTO CAPTION:

Dramatic Growth Forecast for Global Natural Gas Vehicle Fleet

Association foresees, under favorable scenario, up to 30 million natural gas-fueled vehicles by 2020

Around the world, 50 million vehicles could be using natural gas as their fuel inside 15 years, according to Juan Carlos Fracchia, vice president of the International Association for Natural Gas Vehicles (IANGV).

He was speaking in the Argentine capital at the opening session of the organization’s world conference and exhibition, which is being attended by more than 800 industry and governmental personnel from more than 40 countries.

Fracchia said there were at present 3.5 million natural gas vehicles operating in almost 60 countries, ranging from motorized three-wheeled rickshaws in India to long-distance freight vehicles in the United Kingdom, school buses and airport vehicles throughout the United States, and thousands of commuter buses and taxis in many of the world’s major cities.

“Natural gas is the logical replacement for oil,” he said, noting that global reserves of natural gas actually exceed those of oil. “Natural gas has an advantage over the other alternatives as its reserves have wider geographic distribution than oil … a gas refueling infrastructure already exists in many countries … and its combustion is the cleanest of today’s fuels.”

The present global NGV fleet of 3.5 million vehicles, while important, represents just five vehicles in every thousand on the world’s roads, Fracchia said, with present conversions from liquid fuels to gas adding about one million a year. “Taking into account the price and availability of oil, a favorable scenario could see 12 million natural gas vehicles by 2010, and 30 million by 2020.

“If we consider the plans of the European Community to have 10% of its vehicles fueled by natural gas, plus developments throughout Asia, we may have a spectacular scenario that would see 15 million NGVs by 2010 and 50 million in 2020.”

He cautioned that fuel replacement must be a State policy. Politicians, he said, were looking only to the short-term – or the extent of their electoral mandates – rather than 10, 15 or 20 years ahead. “We have a very favorable scenario. But natural gas vehicles have yet to reach their potential, and there is a need to work with individual countries to assist implementation of their fuel substitution plans.”

Article Views: 2010

READ COMPLETE ARTICLE >>

IMPORTANT NOTICE: To read this International Association for Natural Gas Vehicles news story, click the READ COMPLETE ARTICLE link above. This will launch a separate window to the original news source. To comment on this story use the Reader's Comment form below.

RELATED NEWS ITEMS

Gasoline Prices Bounce All Over

Summertime Shocker: Gas Could Hit $3 a Gallon

Pinched at the Pump? Do Something

READER COMMENTS

ADD YOUR COMMENTS BELOW

Posting comments is restricted to our FREE and PREMIUM subscribers. Once you log in, allowing us to implant a security cookie on your browser, the comment form will appear. To become a free BASIC subscriber, sign up here. We will not spam you or sell your email, and you'll receive our Weekly Brief email newsletter. You then will be permitted to post comments.

Find More News

All news entries are now categorized by week. Click Chronolog under the START menu to view previous week.

SEARCH
   
ACCOUNT LOGIN

Send My Password
a d v e r t i s e r
CONTRIBUTORS

a d v e r t i s e r 3

EV WORLD.COM PUBLISHER
EV World.Com, Inc.
P.O. BOX 461132
PAPILLION, NE 68046
USA
01.402.339.9877
a d v e r t i s e r



s p o n s o r
992071

Copyright 1998-2013, EVWorld.com, Inc. All rights reserved.
EV World premium subscriber content may be freely distributed 12 months after its original publication date with the only stipulation being that EV World be credited and a link is provided back to the site. All other material is subject to owner copyrights.
Some portions of this website require a $49.00US annual subscription.

EVWorld.com, Inc. - P.O. Box 461132 - Papillion, Nebraska 68046 USA. Direct all correspondence to editor@evworld.com
Copyright 1998-2013, EVWorld.com, Inc. All rights reserved.
EV World premium subscriber content may be freely distributed 12 months after its original publication date with the only stipulation being that EV World be credited and a link is provided back to the site. All other material is subject to owner copyrights.
Some portions of this website require a $49.00US annual subscription.

EVWorld.com, Inc. - P.O. Box 461132 - Papillion, Nebraska 68046 USA. Direct all correspondence to editor@evworld.com