Autogasco Natural Gas Network Builds in Chile

| Chile

Autogasco, a subsidiary of Chilean gas supplier Gasco S.A. and distributor of compressed natural gas (CNG) and liquefied natural gas (LNG) to the nation’s automotive market, has been officially re-launched under the Autogasco brand in Chile at a ceremony attended by Ministers of Transport and Telecommunications, Pedro Pablo Errazuriz, Environment, Maria Ignacia Benitez, and the president of the subsidiary, Gerardo Cood.

Minister Benitez described the launching of Autogasco as a new initiative to add to the efforts to reduce the environmental pollution in Chile.

Previously branded Gazel, Gasco acquired the remaining 50% stake in Gazel from Terpel Sur S.A. on December 29, 2010.

AutoGasco has 30 stations operating at present, in line with CNG refuelling network plans set in 2009, and has set a target of 50 stations to be signed up by year-end.

At present, only taxis, buses and commercial fleets can operate using natural gas. Cood anticipates a relaxation of those rules to allow private vehicle uptake.

This article primarily compiled using information from Gasco press releases.

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