• Categories
  • Archives

Brazil’s Natural Gas Fleet Close to 1 Million

Prior to the end of 2005, it is possible that the target set by the Brazilian Petroleum and Gas Institute (IBP) of 1 million vehicles running on natural gas will be met.

This forecast was made by the coordinator of the Institute’s VNG (Vehicular Natural Gas) Committee, Rosalino Fernandes, based on the new record set in January for engines converted to VNG.


In January, 25,215 vehicles were added to Brazil’s VNG fleet, which now totals 863,841 units.


“We believe that, if the number of conversions remains between 24 and 25 thousand each month, the target of 1 million converted vehicles may be reached in any month from May to October,” Fernandes said.


The leader in monthly conversions continues to be the state of Rio de Janeiro, with 9,184, followed by São Paulo, 5,485, and Santa Catarina, 2,057.


According to Fernandes, price stability constitutes an important element in January’s result. While the current price of natural gas stands at US$ 0.42 (1.088 reais), gasoline prices rose over 20% in a year, from US$ 0.776 (2 reais) to US$ 0.881 (2.27 reaus).


In some cities in São Paulo and Santa Catarina, the price of VNG is less than US$ 0.388 (1 real)


In addition to being around 40% less expensive than gasoline, VNG cannot be adulterated and is considered an environmentally clean fuel, with only one molecule of carbon, reducing the emission of greenhouse gases by 20-25%. According to the IBP, Brazil has proven reserves for 20 years of consumption.


Conversions of vehicles to natural gas surged ahead in 1998, with annual sales increasing at an average rate of 35%.


In 2004, consumption of VNG amounted to 1.584 billion cubic meters, corresponding to average monthly sales of 152 thousand cubic meters in the country’s approximately one thousand fueling stations.


Again according to information from the IBP, Brazil has the world’s second largest fleet of vehicles run on natural gas, after Argentina, which has 1.5 million. And VNG currently accounts for 3.5% of fuel consumption, which represents 7% of the Brazilian energy matrix.


Translation: David Silberstein
Agência Brasil

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil’s Crop Jumps 5.4% to Record 139 Million Tons

Brazil is expected to harvest 139.3 million tons of grains and oil seeds in ...

Brazilian Meat Giant JBS-Friboi Exports Expected to Grow More in US than Brazil

Brazil's JBS-Friboi group, a meat producer and the world's leading bovine slaughterhouse, increased its ...

Brazilian Doctor Gets US$ 1 Million Award in US for Work with Kids

Brazilian Zilda Arns Neumann, a pediatrician who founded and leads Pastoral da Criança (the ...

Brazil’s Disarmament Campaign Saves Close to 6,000 Lives

Without the disarmament campaign and statute, over 5,563 people would have been fatal victims ...

The U.S. and Exchange Rates Do Not Scare Brazilian Exporters

Brazilian exports are going to rise despite seasonal factors like exchange rates and the ...

Haiti Elections: Brazil Is Heading a Totally Botched UN Mission

Holding elections in a country as unstable, insecure and terrified as Haiti may seem ...

Lula’s US$ 856 Billion Growth Plan Will Start Only After He Leaves Office

From the total 1.59 trillion Brazilian reais (US$ 856 billion) forecasted for investment in ...

Brazil’s Lula Has Unsurmountable Lead in Sunday’s Election: 22 Points

Luiz Inácio Lula da Silva heads to this Sunday’s, October 29, presidential runoff in ...

Online Private Club Privalia Betting Its Model Will Bloom in Brazil

With almost 193 million inhabitants and a prospective growth rate of 6% for 2010, ...

Brazil Stock Market in Free Fall While Real Sinks to Lowest Level Since January

The Brazilian stock exchange index, Bovespa, fell 4.5% on Tuesday, September 9, hitting the ...