Financial Tribune - As per the scheme, owners of taxis and commercial vehicles can convert their rides into CNG-hybrids for free. A public call will be issued for online taxis and other public transport vehicles in the next phases A nationwide scheme has been launched to convert 1.46 million gasoline-powered public transport and commercial vehicles ...

Financial Tribune - A nationwide scheme has been launched to convert 1.5 million gasoline-powered public transport vehicles to compressed natural gas hybrids. Started by the National Iranian Oil Refining and Distribution Company on Thursday, the scheme offers subsidized conversion services to drivers of public transportation vehicles. The drivers ...

MNA |Ebrahim Fallahi: Following the implementation of the gasoline rationing scheme, the government has been promoting the use of Compressed Natural Gas (CNG) as a replacement for gasoline, and has declared the mentioned fuel as the countrys national fuel. It has been said that people have also been welcoming CNG after the rationing because ...

Financial Tribune - The governments Economic Council has approved a proposal by the Oil Ministry based on which the state-owned National Iranian Oil Products Distribution Company has been tasked with helping convert 1.5 million gasoline-powered vans and taxis to compressed natural gas hybrids. As per a directive issued by the key council last week,...

Financial Tribune - Demand for CNG hybrid cars and prices of such vehicles have soared since the Iranian government decided to triple gasoline prices overnight on Nov. 15, a business insider says. Alireza Pourhassani, a member of Tehran Auto Dealers Association, told Tasnim News Agency that in the past two weeks, CNG hybrid vehicles' prices have ...

Financial Tribune - As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to convert into CNG-hybrids. Director of the CNG office at NIORDC, Hamid Qasemi, says loans to the tune of 25 million rials ($182), are ...