More cars seen shifting to LPG as fuel source
By Ted P. Torres
Friday, November 16, 2007
More auto vehicles are expected to convert to the use of liquefied petroleum gas (LPG) as fuel source as crude oil prices remain high.
The LPG Industry Association (LPGIA) said the number of auto-LPG converted units will expand to a maximum of 5,500 units out of the estimated 52,000 taxi and utility vehicles nationwide, excluding the 10,000 units converted since last year.
Likewise, the number of fueling stations offering auto-LPG has risen to nearly 100 as of end-October.
In a statement, the LPGIA said auto-LPG is the most economical alternative fuel in the market, considering the continuous increase in world oil prices. Global oil remained in the $96 per barrel level for high grade class and over $87 per barrel for Dubai crude, which is the main source for the Philippines.
The trade association likewise said 12.4 million vehicles in more than 50 countries already run on auto-LPG, which includes France, Italy, Australia and the United States.
In Asia, the Philippines, along with India, South Korea and Japan are leading the way for the wider adoption of auto-LPG.
Meanwhile, the LPGIA will hold a national convention on Nov. 22 to discuss further improvements in the use of LPG as well as encourage policies that would increase its use in the Philippines.
The summit will provide opportunities where regulations, standards on automotive LPG cylinders, requirements and procedures on dispensing stations and guidelines on the registration of vehicles using automotive LPG will be discussed.
The LPGIA said that they have invited representatives from the Department of Trade and Industry’s Bureau of Product Standards (DTI-BPS), the Department of Energy (DOE), the Department of Transportation and Communication (DOTC) and the Land Transportation Office (LTO) to join the summit.
Manufacturers, importers, suppliers, distributors, converters, service providers, motorists, local government units, consumer organizations and other stakeholders of the auto-LPG industry are expected to attend the summit.