Cost of conversion of vehicles to compressed natural gas (CNG) in Peru has dropped over the past two years from USD 1500 to USD 1200, reports La Republica. Edgardo Escobar, general manager of Peruana de Gas Natural (PGN), says the difference is due to an increased number of workshops and brands offered in the market and as a result of technology development by suppliers.
The fifth-generation conversion systems are mostly imported from Italy and Argentina.
Strong government and financial sector support and growth in the number of fuel outlets have also helped promote natural gas vehicle uptake. PGN, for example, now has 35 stations spread over 20 districts of the capital, said by them to be the largest network of CNG stations in the country.