Platts: Argentina CNG use expected to cut into gasoline, diesel consumption

/Platts: Argentina CNG use expected to cut into gasoline, diesel consumption

Compressed natural gas is becoming trendy again in Argentina, as rising gasoline prices make it more economical, a shift that could help underpin development of the country’s large shale gas resources and boost oil exports in the long term, an industry representative said Wednesday.

More motorists are converting their cars to run on CNG this year after a three-year decline from nearly 240,000 in 2014, according to Enargas, the national gas regulator.

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2018-04-12T13:26:12+00:00