Mogas volumes have increased two-and-a-half times during last five years to 650 million liters, growing at a compound annual growth rate of more than 10 per cent, officials said adding it is partly due to natural gas being diverted away from CNG-fueled motor vehicles to industrial use, increased automotive sales and rising per capita income - about 100,000 new motorcycles are hitting the roads every month, which makes the segment the largest consumer of Mogas in the country.
Oil products account for a third of Pakistan's energy mix and of them all, the demand for Mogas is expected to increase the most, they said adding more projects are under consideration to cater to the growing demand for Mogas.
There is another pipeline for Mogas, which will connect Mahmood Kot with Lahore and a third one which will connect Lahore to Islamabad - the first one is expected to be operational soon while the latter will take to three years, they said.
With the exception of FBOs that have already adopted mogas, the U.S.
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If you're a believer in market timing, Airworthy Autogas could be in the midst of a perception shift in favor of mogas, if the survey data shown here is accurate.