This country makes it mandatory for new vehicles to run on natural gas
- The proposed regulation would also apply to taxi cabs and microbuses.
Egypt will require new cars to operate on natural gas before they receive a license, President Abdel-Fattah El-Sisi said, stressing the move will help reduce middle-income families’ fuel bills by half.
El-Sisi, speaking Sunday during the inauguration of a national project, said converting 1 million vehicles in Egypt to natural gas will cost a total of about 8 billion pounds ($5.3 million). In comments carried by local media, he urged banks to provide lower interest financing to help consumers fund the conversion to natural gas.
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The proposed regulation would also apply to taxi cabs and microbuses, he said.
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