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And the need for multifuel was gone by the mid 1990s.

Modern diesels get their power from electronic controlled injection. Old school centrifugal governed diesels linearly decrease fuel as the redline approaches, reducing torque. Unless you convert to a modern high pressure common rail system with full electronic control, you won't get the power...

Now IF you are looking for less expensive running, compressed natural gas is the winner. With natural gas Henry Hub pricing at $3.66 , it is 1/8th the present cost of diesel! Propane is barely cheaper than diesel on cost per BTU. All conversions cost money. Gasoline plus 10% waste motor oil...

You would have to drop the compression ratio too. The higher than normal compression ratio is to assure ignition of gasoline as it has a higher auto-ignition temperature than diesel. It isn't needed for diesel. Also, swirl induction would have to be rotated 90 degrees and a toroidal bowl cut...