Tag
CNG
The Presidential Compressed Natural Gas Initiative (P-CNGi) has signed an MoU with conversion workshop owners to convert one million commercial transport petrol vehicles to CNG by 2027.
Renewable energy technologies are becoming increasingly cost-effective, making them a more attractive option for reducing energy costs.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the oil and gas sector is anticipated to receive approximately $7 billion in investments due to the new incentives framework introduced by President Tinubu’s administration.
The Federal Government has disclosed plans to deploy 530 Compressed Natural Gas (CNG) buses to six states as part of the first phase of the implementation of the President CNG Initiative (PCNGi) by the end of May.
The Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMPDRA) has fixed the price for sale of gas for Compressed Natural Gas (CNG) purposes at $1.57MMBtu.
The Federal Government has announced plans to establish a Compressed Natural Gas (CNG) park at Ajaokuta Steel Company in Kogi.
Olu Verheijen, the special adviser on energy to President Bola Tinubu, has stated that the recent oil and gas reforms by President Bola Tinubu are geared towards revamping the economy and improving revenue generation from the sector.
The federal government has assured organized labour that it will resume the payment of N35,000 wage awards to public workers this week.
In about 3 months, Nigerians will be expecting the delivery of compressed natural gas (CNG) infrastructure, as promised through the agreement between the Nigerian National Petroleum Company Limited (NNPCL) and Nipco Gas Limited.
The Ogun State Government has revealed its plans to commence the construction of bus stations for the take-off of the Compressed Natural Gas (CNG) Mass Transit scheme along the Lagos-Ibadan expressway axis.
The Federal Government has revealed that the projected price Nigerians will pay to convert their petrol vehicles to enable them to run on Compressed Natural Gas (CNG) is between N300,000 and N600,000.
The Federal Government has assured Nigerians that the planned introduction of Compressed Natural Gas (CNG) buses will reduce the price of CNG to N230 per kg.