Pakistani CNG Buses for Iran Likely

The two-day conference on Pak-Iran joint co-operation in the Compressed Natural Gas (CNG) sector has provided a chance to market Pakistani manufactured CNG buses in Iran owing to its exceptionally low cost. This was stated by Hilal A Raza, Director General Hydrocarbon Development Institute of Pakistan (HDIP), at the conclusion of the conference on Friday. He said that the Iranian CNG buses cost over $100,000, whereas the bus manufactured by Hinopak is half the price.

"There is a need for the promotion of Pakistani buses in Iran," he said. Hilal Raza nominated coordinators from both the sides for the promotion of CNG industry in Iran and Pakistan and asked them to prepare monthly reports on their development progress It was decided that the second conference would be held in the first quarter of the year 2005 in Tehran…