NNPC to Setup CNG Refilling Plants to Cushion Effects of Deregulation

The Nigerian National Petroleum Corporation (NNPC) says it will soon begin activation of Compressed Natural Gas (CNG) refill stations for motorists across the country. The corporation disclosed this in a statement by the Group General Manager Public Affairs Division, Dr Kennie Obateru, in Abuja, on yesterday.

The CNG (methane stored at high pressure) is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG) and its combustion produces fewer undesirable gases than the aforementioned fuels.

The News Agency of Nigeria (NAN) reports that the deregulation of the oil downstream had triggered increase in the price of Premium Motor Spirit (PMS) also known as petrol in the country.

Minister of State, Petroleum Resources, Chief Timipre Sylva had announced that the Federal Government will in the next couple of weeks inaugurate CNG Plants in all NNPC petroleum stations across the country. This, he said would serve as an alternative to petrol for motorists in the country.

He said the idea was to support the ongoing initiatives by the Ministry of Petroleum Resources to provide alternative energy sources for Nigerians. He quoted the Group Managing Director of the Corporation, Malam Mele Kyari, as saying that the National Oil Company had already keyed into the gas penetration agenda championed by Sylva.

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