Benefits of NGV

Benefits of Natural Gas Vehicles

Environment Benefits

  • Use of natural gas as a fuel of vehicles result in reduced emissions and improved local air quality
  • Natural gas has lower greenhouse gas emissions than liquid fuels vehicles

National Benefits
Use of natural gas in the transportation sector will:

  • Reduce national demand and oil dependency
  • Improve national balance of payments by reducing the need for imported oil
  • Improve energy choice flexibility
  • Improve national security of energy supply
  • Improve economic stability (dampen oil price)
  • Make use of renewal energy (bio-methane)
  • Reduce greenhouse gas emissions
  • Reduce harmful vehicle emissions that cause local air pollution

Growth Opportunity
Natural gas as fuel for vehicles offer a significant market growth opportunity for the gas industry. The benefits relating to this opportunity are:

  • Additional product sold in a new market for the tranportation sector
  • Increased profits due to high market value of natural gas
  • Natural gas pricing and availability is not directly affected by oil priceEfficient use of existing natural gas network and potential for network expansion