BOLIVIAN NGVS REACH 18 PERCENT OF MARKET

Figures released by the Bolivian Hydrocarbons Agency (Agencia Nacional de Hidrocarburos or ANH), indicate more than 18 percent of all vehicles in Bolivia have been retrofitted to run on natural gas. Since 2000, when ANH recorded just 6,899 NGVs in the country, the numbers will have increased to 197,405 by this April. Hernán Vega, Executive Director at the Executive Agency of Natural Gas Conversion for Vehicles (Entidad Ejecutora de Conversión a Gas Natural Vehicular, or EEC-GNV), reportedly said that 80 percent of all vehicles in Bolivia are expected to be operating on natural gas by 2025.