The recent change in the shareholder composition of Blue Grid led ELINOIL and Blue Grid to the joint agreement of the transfer of ELINOIL’s share in BlueFuel to Blue Grid, which will now own 100% of the company’s shares.
Recognizing the significant prospects of the use of natural gas as a fuel for road transport and with the aim of establishing liquefied and compressed natural gas (LNG – CNG) filling stations, the two companies will explore the possibility of their cooperation at a commercial level in order to provide professionals drivers the possibility of fueling their vehicles with LNG and CNG according to the original design.
As stated in a related announcement, “the two companies are advancing their strategic development plan with the immediate construction of vehicle refueling points with LNG and CNG”.
Source: Capital
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