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| Photo shows Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo (3rd left) cuts a tape to commission an NNPC Compressed Natural Gas (CNG) Station in Abuja, as part of the 12 CNG Stations commissioned in Lagos and Abuja, on Thursday. From the Minister’s left are the Board Chairman, NNPC Ltd, Chief Pius Akinyelure and GCEO NNPC Ltd, Mallam Mele Kyari, while on the Minister’s left are the Chairman House Committee on Gas, Hon, Nicholas Mutu; Chairman, Senate Committee on Gas, Senator Jarigbe Jarigbe and Chairman, House Committee on Petroleum Downstream, Hon. Ikenga Ugochinyere. |
By Rose Moses
NNPC Limited's Group Chief Executive Officer, Mallam Mele Kyari, has announced that the company's drive to make Compressed Natural Gas (CNG) more accessible to Nigerians has commenced and is irreversible.
Kyari made this declaration during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos on Thursday, July 4, 2024.
In addition to the nationwide deployment of CNG stations, NNPC Ltd and its partners plan to construct three Liquefied Natural Gas (LNG) stations in Ajaokuta.
Kyari emphasized that CNG provides Nigeria with affordable alternatives to existing fuel products, estimating it will be about 40% cheaper than petrol in the country.
“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,” Kyari stated.
The GCEO commended President Bola Ahmed Tinubu for providing the needed support to drive domestic gas utilisation aimed at delivering cleaner and cheaper source of energy to Nigerians.
While assuring 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, Kyari 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.
“CNG provides Nigeria with affordable alternatives to existing available fuel products. 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.
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| Photo: GCEO NNPC Ltd, Mallam mele Kyari and Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo share a laugh as a plaque is unveiled shortly after the commissioning of an NNPC Compressed Natural Gas (CNG) Station in Abuja, as part of the 12 CNG Stations commissioned in Lagos and Abuja, on Thursday. |
In his remarks, 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, it will 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.
Following the removal of fuel subsidy and the declaration of the Presidential Compressed Natural Gas (CNG) initiatives, NNPC Limited has taken the lead in the deployment of Auto-CNG Stations across Nigeria.
Already, NNPC Gas Marketing Limited, a subsidiary of NNPC Limited, in partnership with NIPCO Gas Limited has developed an Auto-CNG rollout plan for construction of thirty-five (35) CNG stations across the various geographical zones of Nigeria, a press statement signed by Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, noted.
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