July 4, 2024. The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring compressed natural gas (CNG) closer to Nigerians has since commenced and is irreversible.
Kyari, who disclosed this during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos, said in addition to the massive deployment of CNG stations nationwide, the NNPC Ltd and its partners would also build three liquefied natural gas (LNG) facilities in Ajaokuta.
“There is simply no way to turn back on delivering CNG for all Nigerians. It is the right thing to do. Is it late? Yes, but we will make progress, we will cover the gap in order to ensure that the volatility we see with petrol does not apply to natural gas,” he stated.
The GCEO commended President Bola Ahmed Tinubu for providing the needed support to drive domestic gas utilization aimed at delivering cleaner and cheaper source of energy to Nigerians.
While assuring that the NNPC Ltd will continue to deliver more strategic gas projects for the benefit of Nigerians in line with the Presidential CNG Initiative of bringing prosperity to all Nigerians, Kyari reaffirmed the determination of the NNPC to guarantee the nation’s energy security.
Also speaking at the occasion, the Managing Director of NNPC Retail Limited, Mr. Huub Stokman revealed that in the next one year, NNPC Retail would have launched over 100 CNG sites, including 16 NNPC Gas Marketing and NIPCO Gas JV sites.
“CNG provides Nigeria with affordable alternatives to existing available fuel products. It will be about 40% cheaper than petrol in Nigeria and with continued investments, it will become a significant part of our energy mix,” Stokman added.
In his remarks, Minister of State for Petroleum Resources, Rt. Hon. Ekperikpe Ekpo said the commissioning of the stations will not only provide economic benefits by creating jobs and stimulating local economies, it will also contribute significantly to Nigeria’s national goals of reducing emissions and combating climate change.
