NIPCO Targets Gas Powered Economy for Nigeria
NIPCO Gas Ltd, a fully owned subsidiary of NIPCO Plc, is one of the companies at the forefront in the drive towards a Gas Powered Economy for Nigeria by 2030.
This is evident in its recent projects aimed at making gas more accessible and affordable. NIPCO Gas believes that Federal Government’s declaration of 2020-2030 as the “Decade of Gas” with an aim to target gas powered economy of Nigeria by year 2030 bundled with Nigeria Gas Expansion Program (NGEP), will certainly improve the utilisation of indigenous fuel, natural gas and play major role in improving Nigeria’s economy.
NIPCO Gas in partnership with NNPC Gas Marketing Limited (NGML) is presently constructing approximately 80 kms of pipeline in phased manner from Sagamu to Ibadan which will cater to industries power and fuel requirements. Pipeline construction work is progressing in full swing presently. First phase of pipeline construction is expected to compete by end of 2023.
Also, in partnership with NGML, NIPCO is constructing gas distribution infrastructure in Lekki Free Zone. Pipeline construction within Lekki Free Zone Development Company is on final stage of completion and city gate station is under construction. NIPCO Gas has planned to commission the gas infrastructure and start supplying natural gas to customers in Q2, 2023.
Deepened utilisation of indigenous natural gas by way of PNG, CNG and AutoCNG will certainly help Federal Government in reduced subsidy burden and reduced importation of other fossil fuels thereby saving towards exchequer.
With the intentions of Federal Government to do away with fuel subsidy, natural gas by way of PNG, CNG, and AutoCNG is bound to be a preferred “fuel of choice” due to safely, environment, economic and abundant availability reasons in Nigeria.
NIPCO Gas feels that increased monitisation of indigenous natural gas will surely contribute heavily in betterment of economic situation and employment in Nigeria.
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Presently, NIPCO Gas operates 12 CNG stations in Edo, Kogi, Delta, Ogun state and Abuja FCT. More CNG stations are under various stages of construction and approval in Oyo, Lagos, Akwa Ibom state and Abuja FCT.
These CNG stations cater to AutoGas requirement of vehicles by providing a cleaner, safer, economical, proven and indigenous fuel. NIPCO Gas presently fueling over 7000 vehicles with AutoCNG. NIPCO Gas has 4 AutoCNG conversion workshops in Edo, Ogun state and Abuja FCT to convert Premium Motor Spirit (PMS) vehicles on AutoCNG. More and more fleet operators are converting their fleet on AutoCNG due to safety, availability and economic reasons.
NIPCO Gas Ltd is a fully owned subsidiary of NIPCO Plc, Nigeria. The company started its operations in 2009 in Benin City by providing natural gas to industries by way of Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) and to automobiles by way of AutoGas (AutoCNG). NIPCO Gas is the pioneer company of AutoCNG distribution in Nigeria.
NIPCO Gas operates approximately 40 kms of pipeline network in Benin City and approximately 50 kms of pipeline network on Lagos Ibadan Expressway and energies industries for their power and process requirements by way of providing PNG. PNG is the most economical, safe and convenient to use.
