The Nigerian National Petroleum Company Limited (NNPCL) has announced a partnership with NIPCO Gas Limited to roll out Compressed Natural Gas (CNG) gas stations across the nation as the country seeks to reduce its heavy reliance on Premium Motor Spirit and provide motorists with a less expensive alternative fuel.
In a statement released on Thursday, NNPCL said the partnership was in accordance with President Bola Tinubu’s administration’s directive for the provision of less expensive alternative fuel.
According to NNPCL, 35 cutting-edge CNG stations will be built across the country as part of the partnership. Additionally, it was revealed that the stations will have the capacity to service over 200,000 vehicles per day, which will significantly lower transportation costs.
“As part of the Nigerian National Petroleum Company (NNPC) Limited’s commitment to providing cheaper alternative fuel to motorists, the company is happy to announce a strategic partnership with NIPCO Gas Limited to deploy Compressed Natural Gas (CNG) stations across the country,” the statement read.
“This landmark 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. Under the NNPC-NIPCO strategic partnership, 35 state-of-the-art CNG stations will be constructed nationwide, including three (3) Mother stations. 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. The project will be rolled out in phases,” it added.
NNPCL further disclosed that “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. NIPCO Gas Limited is currently operating 14 CNG stations across Nigeria and has converted over 7,000 vehicles to run on CNG,” it added.
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