Daily Archives: June 20, 2023

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The Ministry of Petroleum announced the conversion of about 17,000 vehicles from gasoline to bi-fuel operation from July to October. For this, the Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed two contracts at EGP 200 million with Egyptian International Gas Technology (GASTEC) and CARGAS.

Spain: MAPFRE launches Europe’s first biomethane mutual fund

Infrastructure and supplyBy AltFuels June 20, 2023

The fund, which will be opened to other institutional investors and private banking clients, aims to raise up to 100 million euros, in a first phase, for the construction and development of between 20 and 25 plants in Spain over a five-year period. In turn, this will generate a total of 70 permanent jobs and 240 indirect jobs.

Daily Archives: June 20, 2023

Egypt plans to convert 17,000 vehicles to CNG between July and October 2023

Spain: MAPFRE launches Europe’s first biomethane mutual fund