Home » BREAKING: Prices To Fall As NNPC Plans 12 More Filling Stations

BREAKING: Prices To Fall As NNPC Plans 12 More Filling Stations

The Nigerian National Petroleum Company Limited plans to build 12 national gas (CNG) mother stations and mini-liquified natural gas plants nationwide.

The NNPC Group CEO, Mele Kyari, announced this at the opening of the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual Conference and Exhibition in Lagos on Monday, November 11, 2024.

The NNPC boss stressed that the company is committed to tackling energy challenges in Nigeria and balancing energy security, sustainable growth, and affordability.

Kyari described the projects as a cornerstone of NNPC’s vision for Nigeria’s energy future, saying that upcoming CNG and LNG schemes are expected to enhance the existing 1.6 billion standard cubic feet of gas currently supplied into the local market.

According to him, energy challenges are a significant responsibility of the NNPC, the custodian of Nigeria’s energy future....Read Full Article [Click Here>]

The CNG and LNG stations will contribute to the goals by providing an alternative energy source and easing Nigeria’s reliance on imported fuels.

The projects, expected to be completed in three to six months, are part of the national oil company’s ongoing efforts to expand its energy offerings and offer cleaner fuel options.

The Nigerian government is championing alternative energy sources besides petrol after removing subsidies.

Recently, President Bola Tinubu inaugurated CNG, pegged its price at N230, and established the Presidential Initiative on CNG (Pi-CNG) to provide access to the product.

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