OK, so they're seven years late, and they're only reviving an old PDVSA idea, but still, chavismo wants to restart the Natural Gas for Vehicles (GNV) program.
The GNV Program is brilliant any way you look at it:
The only serious drawback is the high cost of converting regular gas stations to sell GNV. But much of that investment has already been made, in the mid-90s, when PDVSA established a nationwide system of GNV service stations. (The other drawback is that the damn gas tank you have to install in the trunk of your car eats up half the luggage space - but that doesn't affect public transport, which is the main target of the program.)
Obviously, it would have been better to keep the program running continuously. Seven years ago, Venezuela had the third largest GNV vehicle fleet in the world. Today, I imagine we've slipped back a few notches and fallen behind the technology curve some.
Still, I'd assumed PDVSA was planning to let GNV die out. They're bringing it back, and that's great.