NewsWhore
06-15-2007, 03:40 PM
The president of Linea Clave, the natural gas distribution company that began operations in May, has clarified that vehicles that install natural gas systems will pay for them. Ricardo Canalda denied that the government would be donating the kits, as announced by Industry & Commerce Minister Francisco Javier Garcia last week. The minister said that to encourage drivers to convert to natural gas, conversion kits costing US$700 each would be donated to some 22,500 public transport vehicles. The announcement was subsequently published on the Ministry of Industry and Commerce website. However, Canalda says that they have not received any government request to purchase the kits for subsequent donation.
As reported in Clave Digital, Ricardo Canalda said that the natural gas program is an entirely private effort, and explained that the company was offering the kits on two-year installment plans. Each time a user fills the tank with natural gas, an installment would be added to the payment. Each tank full of natural gas will run a vehicle for 180 kilometers. He said that consumers would make considerable savings, explaining that while a full tank of regular gasoline costs RD$1,220.9, the same tank with natural gas would cost just RD$419. He explained that the kits come with an electronic chip that will record the sale of natural gas and payment of the loan that will make up about 12% of the price of the fuel.
The company aims to convert 140,00 vehicles to natural gas. Canalda explained that they are proposing a selling price of RD$43 per gallon for drivers who do not take on the financing, and RD$48 for drivers who do. Clave newspaper reports that the company has an estimated 1.1 million potential natural gas users.
More... (http://www.dr1.com/index.html#5)
As reported in Clave Digital, Ricardo Canalda said that the natural gas program is an entirely private effort, and explained that the company was offering the kits on two-year installment plans. Each time a user fills the tank with natural gas, an installment would be added to the payment. Each tank full of natural gas will run a vehicle for 180 kilometers. He said that consumers would make considerable savings, explaining that while a full tank of regular gasoline costs RD$1,220.9, the same tank with natural gas would cost just RD$419. He explained that the kits come with an electronic chip that will record the sale of natural gas and payment of the loan that will make up about 12% of the price of the fuel.
The company aims to convert 140,00 vehicles to natural gas. Canalda explained that they are proposing a selling price of RD$43 per gallon for drivers who do not take on the financing, and RD$48 for drivers who do. Clave newspaper reports that the company has an estimated 1.1 million potential natural gas users.
More... (http://www.dr1.com/index.html#5)