Sameh Fahami: Car Gas to convert cars for natural gas

The Gas Vehicles Company (Car Gas) signed a contract yesterday with the Social Fund for Development (SFD) to finance a project for fuelling cars by natural gas.

Minister of Petroleum, Sameh Fahmi, who attended the signing ceremony together with SFD Secretary-General, Hani Sefiulnasr, said that the project would offer a maximum of LE 1O.OOO for any type of vehicle to be converted to the usage of natural gas.

Fahmi added that Egypt is among the top ten out of 55 world countries currently utilizing natural gas as an auto fuel, noting that they have drawn up a national plan for increasing progress in the field which will see Egypt move into the top five.

"Work is underway for setting up natural fuel stations as part of a plan to establish 20 new stations every year.

We are also planning to convert 5.000 cars a day," he added.