{"id":10840,"date":"2024-11-12T05:56:42","date_gmt":"2024-11-12T05:56:42","guid":{"rendered":"https:\/\/thenewsnow.org\/?p=10840"},"modified":"2024-11-12T06:02:40","modified_gmt":"2024-11-12T06:02:40","slug":"nnpc-sets-to-unveil-12-new-cng-stations-soon","status":"publish","type":"post","link":"https:\/\/thenewsnow.org\/index.php\/2024\/11\/12\/nnpc-sets-to-unveil-12-new-cng-stations-soon\/","title":{"rendered":"NNPC Sets To Unveil 12 New CNG Stations"},"content":{"rendered":"

\u2026As Kyari Insists Company Not Sabotaging Domestic Refineries<\/strong><\/h3>\n

The <\/span>Group CEO of Nigerian National Petroleum Company Ltd, Mele Kyari has reiterated the company\u2019s commitment to resolving Nigeria\u2019s energy trilemma, by ensuring energy security, sustainable growth and energy affordability.<\/p>\n

Kyari disclosed this at the opening ceremony of the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition themed: \u201cResolving the Nigeria Energy Trilemma: Energy Security, Sustainable Growth and Affordability\u201d in Lagos, on Monday.<\/p>\n

The GCEO, who was Special Guest of Honour at the occasion, also said the company has perfected plans to deliver 12 Compressed Natural Gas (CNG) Mother Stations and Mini LNG Plants soon, as part of efforts to boost the existing 1.6bscf of gas supply for domestic market.<\/p>\n

\u201cThe energy trilemma is a profound responsibility we shoulder as stewards of Nigeria\u2019s energy future. NNPC Ltd is working tirelessly to improve our supply chain, develop new refining capacities and expand our retail network,\u201d Kyari stated.<\/p>\n

According to him, NNPC Ltd is set to collaborate with private refineries to ensure affordable and sustainable petroleum products supply; Naira-for-crude transactions in order to stabilize the local currency and regulate forex markets.<\/p>\n

This, he added, will bring about expansion of gas infrastructure such as the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and the Obiafu-Obrikom-Oben (OB3) Gas Pipelines projects and the development of cleaner energy options, such as Liquiefied Natural Gas (LNG) and Compressed Natural Gas (CNG).<\/p>\n

\u201cCurrently, NNPC Ltd supplies over 1.6 billion standard cubic feet (bscf) of gas per day to the domestic market through infrastructure we either own outright or operate with partners. This distribution network is entirely managed on NNPC Ltd.\u2019s balance sheet,\u201d Kyari added.<\/p>\n

Explaining that the Company is expanding its efforts to enhance domestic energy access, the NNPC Ltd helmsman said the next 3-6 months will see significant project launches, including CNG mother stations, mini-LNG plants, and additional CNG daughter stations.<\/p>\n

Kyari, who commended President Tinubu\u2019s efforts to relieve forex pressures by reducing fuel imports and strengthening Nigeria\u2019s local refining capacity, emphasized the need for collaboration, innovation, and technology in achieving Nigeria\u2019s energy goals.<\/p>\n

\u201cResolving the energy trilemma requires bold ideas, shared knowledge, and collective determination. Together, let us build a Nigeria where energy is secure, sustainable, and affordable for all.\u201d<\/p>\n

On NNPC Ltd\u2019s mandate to guarantee energy security as stipulated by the Petroleum Industry Act, Kyari said the Company has fostered partnerships and investments aimed at enhancing local production and generating revenue for economic diversification.<\/p>\n

Reacting to claims that NNPC Ltd is sabotaging the efforts of domestic refineries, Kyari said the NNPC Ltd is part-owners of the Dangote Refinery, stressed further that such investment is a strategic move aimed at strengthening domestic fuel supply.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u2026As Kyari Insists Company Not Sabotaging Domestic Refineries The Group CEO of Nigerian National Petroleum Company Ltd, Mele Kyari has<\/p>\n","protected":false},"author":1,"featured_media":10843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/10840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/comments?post=10840"}],"version-history":[{"count":4,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/10840\/revisions"}],"predecessor-version":[{"id":10845,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/10840\/revisions\/10845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media\/10843"}],"wp:attachment":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media?parent=10840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/categories?post=10840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/tags?post=10840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}