MOSCOW, May 7 - Gazprom is thinking of entering the Ukrainian compressed natural gas (CNG) engine fuel market, one of the FSU's biggest.
Gazprom Sales Ukraine has sent out requests for quotations for contracts worth up to $220,000 each, to perform a financial feasibility study to buy compressed natural gas filling stations in Ukraine, and to draft a business plan to build and expand infrastructure to sell compressed gas.
Ukraine has more than 150 CNG filling stations. The Sumygazmash plant, which built them, says some 100,000 automobiles run on CNG, consuming around 550 million cubic meters of it per year.
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