New York-based Fuel Systems Solutions Inc. says its fully owned subsidiary MTM, through the CUBOGAS brand of compressed natural gas (CNG) compressors and systems, has signed an exclusive contract with Eni S.p.A.
Rome-based Eni, a multinational oil and gas company, has tapped MTM to supply and maintain new CNG stations to be constructed in Italy.
Under the terms of the contract, MTM will supply Eni's CNG stations with complete ‘plug&fill’ CNG compressors and refueling accessories over the next three years and will provide station maintenance over the next five years.
‘The Italian market continues to enjoy growth in demand for CNG-fueled passenger vehicles, and major global OEMs remain committed to serving this market,” says Mariano Costamagna, CEO of Fuel Systems Solutions. “Eni has historically opened 20 to 30 new stations per year, and this exclusive contract is a coup for MTM.’