Industry & Money

CNG Takes Only 3% of Nigeria’s Gas

Only 3% of Nigeria’s gas is currently deployed to produce the Compressed Natural Gas (CNG).

The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, confirmed it yesterday while allaying fears that demand for CNG could result in shortage of other gas derivatives like the Liquefied Petroleum Gas (LPG).

“You are going into CNG. Are you sure you will be able to sustain it. And when he said that from the daily production in this country, currently we are only using 3%. That goes a long way to tell us that irrespective of the demands, we can meet the target,” he said.

He spoke while declaring open the Nigerian National Petroleum Company Limited (NNPCL) CNG station opposite Prince and Princess Estate, Abuja. It signified the physical and virtual simultaneous launch of 12 CNG stations in Abuja.

The minister said, “As you have heard it is going to be simultaneously in 12 other stations. This has shown the willingness and determination of the Federal Government to drive the CNG project.

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