NNPCL, NIPCO to Begin Nationwide Autogas Deployment For Vehicles

• The Nigerian National Petroleum Company Limited (NNPCL) announced a partnership to provide alternative fuel for Nigerians
• According to the Group CEO of NNPCL, Mele Kyari, the company is partnering with NIPCO Gas Limited to provide 35 CNG gas stations across Nigeria
• Kyari the stations can service about 200,000 vehicles every day and reduce the cost of transportation for Nigerians

The Nigerian National Petroleum Company Limited (NNPCL), on Thursday, August 3, 2023, announced its partnership with Nipco Gas Limited for the deployment and supply of Compressed Natural Gas Stations across Nigeria.

CNG is another alternative fuel used in vehicles, and the clamor for its use has increased since the subsidy was removed from petrol.

NNPC to build 35 CNG stations across Nigeria

According to the Group Chief Executive Officer of NNPCL, Mele Kyari, President Bola Tinubu has directed the company to source alternative fuel to alleviate the effect of petrol subsidy removal.

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NNPC revealed that it is committed to reducing carbon emissions and providing cheaper alternative fuel in Nigeria.

NNPC touted NIPCO as one of the firms to provide the effective partnership for the setting of CNG gas stations across the country.

Kyari said:

“As part of NNPCL’s commitment to reducing carbon footprint and providing cheaper alternative fuel to motorists, the company is happy to announce a strategic partnership with Nipco Gas Limited to develop Compressed Natural Gas stations.

“This initiative is in addition to the phased deployment of 56 CNG stations planned by NNPC Retail across the country.

Stations to service 200,000 vehicles every day

Punch reports that Kyari said 35 CNG stations would be constructed nationwide under the partnership.

The statement also released via its Twitter handle, NNPCL said the stations could service about 200,000 vehicles daily and reduce the cost of fuel for Nigerians and the cost of transportation.

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Independent marketers say private depots petrol sell cheaper than NNPC, reveal plans to import 40m litres

Legit.ng reported that Independent Petroleum Marketers Association of Nigeria (IPMAN) says private depots with imported petrol sell the product cheaper than the Nigerian National Petroleum Company Limited (NNPCL).

IPMAN’s National Vice President, Abubakar Maigandi, revealed this and named the prominent private marketers Emadeb Group Services Limited and AYM Shafa Limited.

Maigandi said that while NNPCL sells its products at N555 per lire, private depots sell them at N556.60 per litre.

Source: Legit.ng