NIPCO Gas Slashes CNG Price to N200/scm, Opens Stations in Lagos

NIPCO Gas announced that the price of Compressed Natural Gas (CNG) is now N200 per standard cubic meter (scm). According to the company, this move aims to provide clean and affordable energy to more people.

In addition, the company unveiled that it has completed four CNG stations as an alternative to Premium Motor Spirit (PMS) popularly known as petrol in Lagos.

Nagendra Verma, managing director at NIPCO Gas Ltd, briefing the media on the development over the weekend, said the firm has been involved in Auto CNG development and expansion since 2009.

“NIPCO Gas is sure that with the continuous focus and push by the current government, Auto CNG will become the Choice fuel for Nigeria which has the potential to reduce the pressure on importation as well as on Forex,” he added.

According to him, Auto CNG is a project for the masses and of National Cause and Importance, adding “We are sure once expanded across Nigeria; will surely and relieve the masses and motorists from high fuel cost.

“We continuously seek blessing and support of the Government and media to make Auto CNG a Reliever, Cleaner and Greener fuel of Nigeria.”

Speaking on the company’s strategy, Verma said, initially the company started with Benin City and expanded the Auto CNG network to Ibafo in Ogun State and later on in Kogi State.

He further said that with the initiatives and clear mandate by the current government, the Auto CNG network also expanded to Abuja FCT, Ibadan in Oyo State, and Oron in Akwa Ibom State.

NIPCO Gas presently operates 15 Auto CNG stations across Nigeria and CNG vehicles from Lagos can travel up to Abuja and Kaduna by taking CNG from the in-between NIPCO Gas Auto CNG stations. We are sure, that soon motorists can travel across every nook and cranny of Nigeria.

“Under current government directives, NIPCO Gas has partnered with the Nigerian National Petroleum Company Limited (NNPCL) for expansion of Auto CNG stations across various states of Nigeria.

“Partnering with NNPCL under directives from The Presidency brings along a huge sense of responsibility and commitment towards masses of Nigeria and Government.

“NIPCO Gas is honoured with this trust and belief by the Government and NNPCL and has assured that we will not leave any stone unturned to make this Auto CNG expansion plan a reality which will relieve thousands and millions of citizens from the pain they are going through presently,” added Verma.

He also disclosed that under the current partnership, 35 Auto CNGs are planned to be constructed in a phased manner. He also revealed that locations for 19 CNG stations have been identified and the firm has received stage-wise approval from NMDPRA and other statutory authorities.

“For making this Auto CNG expansion project a reality, we are getting due support and guidance from all including but not limited to PCNGI, NMDPRA, SON, NNPC, other Ministries and Departments, and Media who are also keen to see this as reality in near future.”

Verma, said gas distribution and Auto CNG projects are highly capital-intensive projects which require huge investment and the highest level of commitment and perseverance and expressed hope that with support from all and with a continuous push from the Presidency, the firm will surely make it happen.