It is high time that the nation should prepare for the upcoming natural gas crisis and take precautionary measures to overcome CNG shortage and enhance the efficiency of vehicles on petrol, Future Technologies Chief Executive Officer (CEO) Shoaib Ashfaq Qureshi said on Tuesday in an interview with Pakistan Today.
He said that the efficiency of vehicles and fuel consumption could be easily enhanced by more than 25 percent while running on petrol using devices, which are tested in the world and proved to be the best. Shoaib said that innovation has played a important role in overcoming power crisis in developed countries and it is need of the hour that our nation should understand that only energy efficient vehicles and homes are the need of the hour.
The Future Technologies CEO said that developed countries such as Japan, the US and EU etc have worked a lot on improving fuel consumption of their vehicles. “If fuel consumption of every vehicle improves to 20 to 25 percent, then our import bill of petroleum products will come down and we could save huge foreign exchange,” he said adding that the gas crisis has deepened in Pakistan and in the upcoming days, the problem would grow and everyone should get ready for continuous CNG closures.
Shoaib said that automobile users should understand the problem that CNG is not a useful fuel and its availability is also getting short. He said that it is a well-known theory that price is directly related to demand and high demand means increase in price. “The demand for CNG has increased, whereas, its supply is constantly decreasing to two to three days a week and now there is a strong possibility that gas prices would come at the level of petrol or there will be a slight difference,” he said, adding that if such a scenario takes place then CNG kits would become useless products and CNG cylinders would become white elephants for vehicles.
The Future Technologies CEO said that it is unfortunate that people did not think rationally and just follow suit without thinking either it is a useful thing or not. “There was a time in Pakistan when people only preferred diesel vehicles because of low diesel prices but now these vehicles have lost their resale value because of high diesel prices,” Qureshi said adding that a time would come when CNG kits and cylinders would become trash and it would not have any value.
Besides, with unavailability of CNG, pick of vehicles also decreases and the user never enjoys a good ride. “I would suggest people to run their vehicles on petrol and the myth that it would be costly is wrong. Rather, we can improve its efficiency through a device, which helps us to improve the efficiency of petrol vehicles,” he said adding that one of such device is Panther and more than 100 countries have tested this device and found it useful.
“Panther carries the CE marking, as it complies with the essential requirements of the relevant European health, safety and environmental protection legislation,” he said adding that it improves fuel efficiency of electronic fuel injection (EFI) vehicles. Qureshi said that Panther utilises the latest Micro-Energy Optimising Technology, giving your car more power with less fuel. While telling the working of Panther, he said that for an engine with fuel injection, an engine control unit (ECU) will determine the quantity of fuel to inject based on a number of parameters.
A spark ignition engine requires a spark to initiate combustion in the combustion chamber. An ECU can adjust the exact timing of the spark, called ignition timing, to provide better power and economy. Panther with the latest technology helps the ECU to achieve the optimal level efficiency at all times. He said that the device is plug and play device and could be attached in a 12v cigarette lighter socket and it starts working instantly.
The Future Technologies CEO said that the user could leave it plugged-in the socket and did not have to plug it out when the engine stops. He said that presently the price of Panther is only Rs 7,500 but from next month it will be increase. “We are offering special price for the public interest and it will not remain the same next month,” Qureshi added.
He said that Panther is suitable for all engine types/sizes. “There are two products ie Panther & Panther Plus. Panther is suitable for engines up to 1,800cc while Panther Plus is suitable for 2,000cc and above,” he said adding that it has been tested in vehicles such as Cultus, Honda City, Honda Civic, Liana, Swift, Vitz, Altis, MarkX, BMW 5 Series, Mercedes E200, Prado, Toyota Xli/Gli.
“All of the customers using it are extremely happy with the results. We have customers who have replaced their CNG kits from vehicles and have plugged panther to enjoy the original drive of the car,” he concluded.
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