Confidence petroleum

A recent article from The Ken said –

And to be honest, there are some segments where there’s been a large-scale shift towards CNG with only a mild impact from the price surge of last year. Several auto drivers I spoke to in Bengaluru say most new autos bought in the city have been CNG-driven these past few months, compared to the far more common LPG rickshaws that were in demand earlier. “The mileage is far better for CNG. It is almost 40-45 km per kg, while LPG gives 18-20 km,” one auto driver told me.

Confidence Petroleum is one definite beneficiary of this.

Link to the full article: Record gas prices only slowed down CNG, they couldn’t stop it – Green Margins by The Ken