ECONOMIC Grounding for the profitability of a complete asSembly of methane lpg system with a brand BRC

Dear Sirs,

My name is Lubo Ganev – manager of Remix Bulgaria LTD Company, which is exclusive agent for Bulgaria of the Italian company BRC for methane LPG system. I would like to offer you economic grounding of a complete assembly methane LPG system. First, I would like to specify the proportion of each characteristics of the compressed natural gas at 200 bar/g :

1. Selling price of an end customer at a gas filling station  – 1,30 lv/kg

1 m³ methane = 4 liters methane = 0,71 kg methane = 0,923 lv with included VAT (selling price at a gas filling station)

1 kg methane = 5,6 liters methane = 1,4 m³ methane = 1,30 lv with included VAT (selling price at a gas filling station)

1 liters methane = 0,25 m³ methane = 0,178 kg methane = 0,231 lv with included VAT (selling price at a gas filling station)

The proportion methane – gasoline and methane - propane-butane is as follows:

3,2 liters methane = 0,571 kg methane = 1 liter gasoline = 0,742 lv with included VAT (selling price at a gas filling station)

3 liters methane = 0,535 kg methane = 1 liter propane-butane = 0,695 lv with included VAT (selling price at a gas filling station)

1 kg methane = 5,6 liters methane = 1,750 liters gasoline= 1,30 lv with included VAT (selling price at a gas filling station)

1 kg methane = 5,6 liters methane = 1,867 liters propane-butane = 1,30 lv with included VAT (selling price at a gas filling station)

Example: A car with an expense of 9 litres/100 km gasoline or 11 litres/100 km propane-butane. LPG system BRC at a price of 857 lv no VAT added with a methane cylinder with capacity 58 liters – 10,32 kg compressed by pressure of 200 bar/g is fixed on the car. The car is able to pass 200 km with this cylinder with one filling only. With methane system you can save 4,87 lv/100 km or 10,80 lv for the whole run compared to propane-butane system. Comparing methane system to gasoline expense, it appears that the saving is 13,12 lv/100 km or 26,24 lv for the whole run of 200 km. Therefore, the payment of the system shall be after a run of 6532 km or about 2-3 months.

Fuel	Expense	Price	Price per 100 km
Gasoline	9 liters/100 km	2,20  lv/kg	19,80 lv
Propane-butane	11 liters/100 km	1,05 lv/kg	11,55 lv
Methane	28,8 l or 5,143 kg/100 km	1,30 lv/kg	6,68 lv

For any further information you can contact me at tel. 0888-330053 or at my office tel/fax: 02-8629057.

Е-mail: remix@datacom.bg

www.remixbg.com

Yours faithfully:  

Lubo Ganev