Russia: Rosneft, KAMAZ Sign Gas Fuel Deal

Rosneft, KAMAZ Sign Gas Fuel Deal

OJSC Rosneft and OJSC KAMAZ signed an agreement on scientific and technological cooperation to expand use of natural gas as motor fuel.

The largest oil and gas company and a leading Russian truck manufacturer intend to conduct joint research and development in order to build wheeled vehicles with gas-powered engines and develop necessary infrastructure of filling stations and service centers. Besides, they plan to produce and put vehicles, special and farm machinery to compressed natural gas and liquefied natural gas, which will be used as a new motor fuel.

The agreement provides for training and professional development of engineer and technical staff, mechanics and drivers in operation, maintenance and repairs of gas-powered vehicles and machinery.

The parties will create a steering group to develop coordinated approaches to implementation of top priority pilot and prospective projects.

This agreement will allow the parties to make a considerable contribution to develop the market for this eco-friendly fuel.

[mappress]
LNG World News Staff, May 15, 2013; Image: KAMAZ