BKV to Stop Operation of CNG Buses Due to Energy Prices
The Budapest Public Transport Company (BKV) has decided to temporarily stop operating compressed natural gas-powered buses from November due to the drastically increased gas prices.
A total of 53 were in use, Deputy Mayor Ambrus Kiss said at a briefing on Thursday, according to news site hvg.hu. Diesel units will replace the CNG buses.
With the new natural gas prices, the specific fuel cost per kilometer of CNG-powered vehicles will be 350% higher than that of diesel buses, at around HUF 500-550 per kilometer.
The 53 CNG vehicles in BKV's fleet could add up to HUF 1 billion a year to the fuel costs, which is why BKV has decided to stop using them for now, Kiss noted.
He added that these buses would not be mothballed for the whole year and that BKV is working on finding cheaper natural gas.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.