News

Venezuela may exchange traditional fuel cars for cars that run on natural gas

Publish date: October 6, 2008

Venezuela plans next week to start a government programme to exchange old model automobiles that run on traditional fuel with automobiles that run on natural gas, which will be given out for free, Oil.ru reported.

The make and quantity of such vehicles is currently unknown. Furthermore, Venezuelan President Hugo Chavez is reviewing the possibility of organising free natural gas for such cars over the course of a year, Oil.ru reported.

According to experts, Venezuela possesses the biggest reserves of untapped natural gas in South America. Gas prices in the oil rich nation are, at the moment, equal to three US cents a liter, said Oil.ru.

More News

All news

The role of CCS in Germany’s climate toolbox: Bellona Deutschland’s statement in the Association Hearing

After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.

Project LNG 2.

Bellona’s new working paper analyzes Russia’s big LNG ambitions the Arctic

In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.