CNG is Compressed Natural Gas and another physical form of natural gas to make it convenient to handle. Natural gas is compressed to 200 bar pressure so that the volume is almost 1% of the original. This makes it much more convenient to carry along.
Being a much cleaner fuel source, the increased portability and reduced cost has made CNG very popular as a transportation fuel. Because of the heavier and voluminous tank, it is yet to be popular in small vehicles.
However, there is an increase in the use of CNG for public transportation. Cities like New Delhi have made it mandatory to use CNG for public transportation. This has resulted in a considerable pollution reduction.
Even though there is an element of risk because of the pressurised cylinder, the benefits far outweigh these. Unlike LNG, the plant, machinery, and investment required for CNG production is considerably less.