Gasgoo.com (Shanghai February 18) -In a bid to combat rising fuel prices, Guangzhou has completed installation of close to 40 propane (LPG) fueling stations, theNanfang Dailyreported today. The stations will be used primarily for the city's buses and taxis, a decision which has attracted attention across the industry. Guangzhou, which has proclaimed itself to 'possess more public transportation vehicles running on LPG than any other city in the world,' is reported to have more than 24,000 propane-powered transit vehicles in operation, constituting over 95% of the city's public transport fleet.
Vigorous testing has shown Guangzhou's propane vehicles to have near-zero carbon emissions, with a smoke concentration value nearly 78% less than petroleum-based vehicles."Propane used in the majority of Guangzhou's taxis and public buses costs about 60% of the current market fuel price," a source within the Guangzhou Gas Industry said.
Imported and domestically produced propane costs approximately 7,000 yuan ($1,064.82) per ton, while 93 grade petroleum fuel has a per-ton price of about 8,100 yuan ($1,232.15). Analysts estimate that because of the price differences between propane and regular petroleum of 4.50 yuan ($0.685) and 7.21 yuan ($1.01) per liter respectively, Guangzhou's propane-powered taxis are about 100 yuan ($15.21) cheaper per day to run than their petrol-powered brethren.
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