The Nigeria National Petroleum Company (NNPC) Ltd has commissioned 12 Compressed Natural Gas (CNG) stations in Abuja and Lagos.
Group Chief Executive Officer of NNPC Ltd, Mallam Mele Kyari who commissioned the stations on Thursday, said in addition to the massive deployment of CNG stations nationwide, the NNPC Ltd and its partners would also build three Liquefied Natural Gas (LNG) stations in Ajaokuta, Kogi State.
He declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible.
“There is simply no way to turn back on delivering CNG for all Nigerians. It is the right thing to do. Is it late? Yes, but we will make progress, we will cover the gap in order to ensure that the volatility we see with Premium Motor Spirit (petrol) does not apply to gas,” a statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd, quoted Kyari to have stated.
He commended President Bola Tinubu for providing the needed support to drive domestic gas utilisation aimed at delivering cleaner and cheaper source of energy to Nigerians.
Kyari assured that the NNPC Ltd will continue to deliver more strategic gas projects for the benefit of Nigerians in line with the Presidential CNG Initiative of bringing prosperity to all Nigerians, and also reaffirmed the determination of the NNPC to guarantee the nation’s energy security.
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.
“It will be about 40% cheaper than petrol in Nigeria and with continued investments, it will become a significant part of our energy mix,” Stokman added.
Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo said the commissioning of the stations will not only provide economic benefits by creating jobs and stimulating local economies, but also contribute significantly to Nigeria’s national goals of reducing emissions and combating climate change.
On his part, the Chairman of the NNPC Board of Directors, Chief Pius Akinyelure said increased CNG adoption will foster economic benefits by reducing fuel costs for consumers and businesses alike.
