Over 70,000 applicants have signed up to scrap their old vehicles in exchange for these natural gas-powered cars.
Egypt’s Go Green Initiative has recently delivered their first batch of natural gas-powered cars, as part of their programme to provide these more environmentally-safe vehicles to those who would not be able to afford them otherwise. Over 70,000 applicants have signed up to scrap their old vehicles in exchange for these natural gas-powered cars.
“The initiative has lifted the burden from the shoulders of old car-owners by providing a new car running on natural gas that saves 50% of the cost of running on petrol, with installments of up to 10 years at an interest rate that does not exceed three per cent annually,” Alaa Al-Sabaa, a member of the Automobile Division of the Egyptian Federation of Chambers of Commerce, said.
To support this influx of natural-powered vehicles, the Ministry of Petroleum and Mineral Resources is working to provide a sufficient number of stations and centres all across the country. So far, more than 220 natural gas stations have emerged nationwide, in addition to 86 centres for converting cars to work with natural gas, and 12 centres for testing natural gas cylinders. The number of cars converted to run on natural gas has reached more than 335,000. The ministry aims to increase the number of natural gas stations to 325 by the end of 2021.