Gazprom comes up with an alternative for fuel: liquefied gas stations

Luni, 30 iunie 2008, 14:11 English | Regional Europe

Gazprom plans to propose a common project for its European partners to build a network of liquefied gas stations, as an alternative for gasoline and diesel, RBC Daily informs. Gazprom CEO Alexei Miller declared that the alternative is most suitable since fuel prices continue to increase at a rapid pace. 

Experts quoted by the Russian publication argue that the first units will be set up in Germany, where fuel is 1.5 more expensive than gas, or in Italy.

Miller declared that liquefied gas was becoming a real alternative to replace fuel. Gazprom owns the richest natural gas reserves in the world: 17% of the world's assets and 60% of Russia's reserves.