Singapore
Singapore could have their first public compressed natural gas (CNG) station operating by January 2008. Channel News Asia reports that Smart Automobile, a company that runs Singapore’s first CNG Taxi fleet, will set up a publicly accessible site under the name of Smart Energy.
CNG will reportedly retail at about $S0.75 cents ($US0.50) per litre equivalent, less than 50% of the price of petrol at $S1.60 per litre ($US1.05). The company is said to have plans to establish 5 public CNG stations by 2011.
The company’s own fleet of CNG vehicles is expected to expand to up to 4,000 by 2011 with another 6.000 publicly owned natural gas vehicles (NGVs) projected to join them in the same time frame.
Smart Automobile already has 110 CNG vehicles but plans to convert their entire fleet to natural gas, including 550 vehicles currently operating on diesel.
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