NNPC Announces Partnership Plans to Provide Cheaper Fuel Alternative To Nigerians
As part of the Nigerian National Petroleum Company (NNPC) Limited’s commitment to providing cheaper alternative fuel to motorists, the company on Thursday announced a strategic partnership with NIPCO Gas Limited, to deploy Compressed Natural Gas (CNG) stations across the country.
This collaboration aims to expand our CNG infrastructure, improve access to CNG, and accelerate the adoption of cheaper and cleaner alternative fuel for buses, cars and Keke NAPEP, which will significantly reduce the cost of transportation and engender sustainable national economic growth.
The NNPC-NIPCO strategic partnership will construct 35 state-of-the-art CNG stations nationwide, including three (3) Mother stations.
According to Garba Deen Muhammad, the Chief Corporate Communications Officer.
NNPC Limited, once fully operational, the stations can service over 200,000 vehicles daily, thereby significantly reducing the cost of automobile fuel for Nigerians and the cost of transportation.
He also revealed that they will roll out the project in phases.
“The first phase, comprising 21 CNG stations, will support intra-city transportation and be ready by the first quarter of 2024; While the second phase, comprising 35 CNG stations, will support inter-city transportation and will be ready by late 2024.
“This will be further complemented by an additional 56 stations to be deployed by NNPC Retail across the country,” he said.
Muhammad disclosed that the technical competence of NIPCO Gas Limited, which is currently operating 14 CNG stations across Nigeria and has converted over 7,000 vehicles to run on CNG, will bolster the initiative’s success and amplify its positive impact on the Nation’s economy.
This initiative, he said, will leverage Nigeria’s abundant natural gas resources to bring multiple benefits to Nigerians, including access to cheaper fuel, reduced cost of transportation, reduced carbon emissions, create new business value chains and streams of job opportunities.
He said; “NNPC Limited expects further private sector participation by oil marketing companies to broaden CNG penetration and availability.
“NNPC Limited remains committed to reliably delivering energy while continuously creating value for Nigeria’s prosperous future alongside our partners.”
