With many motorists concerned about possible increases in the price of fuel in the budget to be presented by Finance Minister Colm Imbert today, Roger Sant, Communications Manager, NGC CNG Company Limited, says there are ways to save at the pump.
“CNG is Trinidad and Tobago’s natural gas being put to productive use in the vital transportation sector without a drain on foreign reserves,” he said.
“A switch to CNG will save a vehicle owner thousands of dollars annually on their fuel bill, since CNG is priced at $1 per litre gasoline equivalent.
“Switching to CNG is the only option to save money with your existing vehicle. There are thousands and thousands of very good road worthy vehicles in the country which are all candidates for a CNG conversion.”
He added: “A gasoline conversion costs in the region of $12,000 and depending on your mileage, you can recover your investment in just a few months.”
Sant said taxi drivers can pay back for their conversion in as little as six months and switching to CNG cuts particulate emissions by 30 per cent.
While there is already speculation about the supply of liquid fuel with the impending closure of the Petrotrin refinery at Pointe-a-Pierre, Sant said there are no such issues with CNG as the supply and transportation of that fuel is secure through NGC’s pipeline network.
CNG will not run out, there will always be a supply independent of the liquid fuel supply, he assured.
Sant said petrol and diesel vehicles can be converted to CNG.
In the case of public transport, all buses and maxi taxis are powered by diesel, which is not the cleanest of fuels and is being phased out internationally.
“Shouldn’t these vehicles be all CNG?” Sant asked. “Think about the cost savings for the PTSC and maxi taxi owners, plus 30 per cent less particulate emissions.”
Sant said the fuel station network supplying CNG to customers is expanding every year, so that fuel is becoming more accessible with new state of the art, reliable safe equipment, capable of filling a vehicle in under three minutes.
