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Colombia’s gas demand set to climb as government removes gasoline subsidies

March 16, 2024 Comments Off

Thousands of Colombian car owners are converting their vehicles to natural gas as the nation’s first left-wing government strips away gasoline subsidies that had been in place for decades while providing tax breaks for cars that run on natural gas. As more people in Colombia seek less-expensive fuel alternatives, demand for fuels derived from natural gas is expected to climb…