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Fuel Price: NNPC Partners NIPCO to construct Gas stations

…says project will be ready by 2024

By Udesinanna Stephen

Nigerian National Petroleum Company (NNPC) Limited has said, in alliance with Nigerian Independent Petroleum Company (NIPCO) Gas Limited, it will construct Compressed Natural Gas (CNG) stations across the country to service 200,000 vehicles daily, thereby reducing the cost of fuel and transportation.

This was made known in a statement by the Chief Corporate Communications Officer, Garba Deen Muhammad and published on the Twitter handle of NNPC, @nnpclimited.

Garba said, “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.”

According to him, the project will be rolled out in stages. Firstly, 21 CNG stations will support intra-city transportation and be ready by the first quarter of 2024; While the second stage, 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, “NIPCO Gas Limited is currently operating 14 CNG stations across Nigeria and has converted over 7,000 vehicles to run on CNG. NIPCO’s technical competency and field experience will bolster this initiative’s success and amplify its positive impact on the Nation’s economy.

“This initiative 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.”

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