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NNPCL, NIPCO Partner To Deploy 35 CNG Stations

Nse Anthony-Uko by Nse Anthony-Uko
3 years ago
in Business
NNPCL
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The Nigerian National Petroleum Company (NNPC) Limited, in partnership with NIPCO Gas Limited, will deploy 35 Compressed Natural Gas (CNG) stations across the country to provide alternative and cheaper fuel to motorists. Group chief executive officer of the NNPC, Mele Kyari, who made this known, also said the plan is in line with the company’s commitment to reducing carbon footprint and providing cheaper alternative fuel to motorists.

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The national oil firm said this latest is in addition to the phased deployment of 56 CNG stations planned by NNPC Retail across the country. Speaking in Abuja yesterday, Kyari said the company is also working on credit facilities for motorists for the conversion of vehicles for widespread switch to use of CNG as alternative fuel. According to him, the NNPC-NIPCO strategic partnership will enable the setting up of 35 state-of-the-art CNG stations that will be constructed nationwide, including three Mother stations.

“Once fully operational, the stations can service over 200,000 vehicles daily, thereby significantly reducing carbon emissions and associated impact on climate. The project will be rolled out 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 transformation and will be ready by the first quarter of 2025.”

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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