Profitability analysis of vehicles powered by CNG

The purpose of this thesis was first to make a survey of compressed natural gas and its characteristic properties, matters relating to safety, environmental impact, and other issues associated with the use of this fuel. Furthermore, this work also addresses economic analysis of vehicle performance of operating vehicles on compressed natural gas of selected company. A new car fleet was created from the data provided from the selected company. The operational efficiency of compressed natural gas was detected and compared to results with conventional liquid fuels such as automotive gasoline and diesel fuel. Furthermore, the calculation of operating costs was made and the calculated return of investment associated with the use of compressed natural gas to power motor vehicles