Business

NNPCL rolls out 12 new CNG stations in Lagos, Abuja

NNPCL rolls out 12 new CNG stations in Lagos, Abuja

The Nigerian National Petroleum Company Ltd (NNPCL), on Thursday commissioned 12 compressed natural gas (CNG) stations to reduce transportation cost in the country.

Tinubu had on May 29, last year announced the removal of subsidy on petrol, a development that made the price rise from N197 per liter to N690 per liter.

The newly built CNG stations, which had six in Lagos and six in Abuja, were commissioned by the Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo.

Together, the Abuja and Lagos stations have a combined dispensing capacity of over 6 million standard cubic feet (MMSCF) of CNG per day, serving approximately 15,000 vehicles daily.

The newly built CNG stations, which had six in Lagos and six in Abuja, were commissioned by the Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo.

READ ALSO:

Together, the Abuja and Lagos stations have a combined dispensing capacity of over 6 million standard cubic feet (MMSCF) of CNG per day, serving approximately 15,000 vehicles daily.

Also speaking at the occasion, the managing director, NNPC Retail Limited, Mr Huub Stokman, revealed that in the next one year, NNPC Retail would have launched over 100 CNG sites, including 16 NNPC gas marketing and NIPCO gas JV sites.

“CNG provides Nigeria with affordable alternatives to existing available fuel products. It will be about 40 per cent cheaper than petrol in Nigeria; and with continued investments, it will become a significant part of our energy mix,” Stokman added.

On his part, the chairman of the NNPC Board of Directors, Chief Pius Akinyelure, said increased CNG adoption would foster economic benefits by reducing fuel cost for consumers and businesses alike.

Under the presidential CNG initiative, NNPC and NIPCO gas entered into a strategic partnership for expansion of CNG stations across Nigeria. Under this partnership, 35 CNG stations are to be constructed across Nigeria.

These CNG stations feature advanced reciprocating and hydraulic booster compressors, ensuring a dispensing pressure of 200 bar for CNG vehicles.

The CNG is supplied to stations in Abuja and Lagos via virtual transportation from mother stations in Ajaokuta, Kogi State and lbafo in Ogun state.

 

NNPCL rolls out 12 new CNG stations in Lagos, Abuja

Trends Admin

Recent Posts

Agbede urges Baruwa to congratulate MC Oluomo, in spirit of sportsmanship

Agbede urges Baruwa to congratulate MC Oluomo, in spirit of sportsmanship   Alhaji Tajudeen Agbede…

18 mins ago

NDLEA foils drug smuggling attempts at Lagos, Abuja airports

NDLEA foils drug smuggling attempts at Lagos, Abuja airports Operatives of the National Drug Law…

20 mins ago

Tinubu confers GCON on Indian PM, Modi

Tinubu confers GCON on Indian PM, Modi President Bola Ahmed Tinubu on Sunday, conferred the…

44 mins ago

[UPDATED] [Breaking] APC’s Lucky Aiyedatiwa wins Ondo governorship election

[UPDATED] [Breaking] APC’s Lucky Aiyedatiwa wins Ondo governorship election Lucky Aiyedatiwa, the All Progressive Congress…

2 hours ago

Senator Adeola to INEC: Adopt NIN, driving licence as voter’s card like Ogun

Senator Adeola to INEC: Adopt NIN, driving licence as voter's card like Ogun     …

4 hours ago

UK introduces new visa for senior, specialist workers in multinational companies

UK introduces new visa for senior, specialist workers in multinational companies The UK government has…

7 hours ago