The government bi-annually fixes prices of the locally-produced natural gas — which is converted into CNG for use in automobiles, piped to household kitchens for cooking and used to generate electricity and make fertilisers. The government on Sunday cut the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to $9.87 per million British thermal unit in line with softening of benchmark international gas prices, an official notifica...

By Oluyemi Ogunseyin 29 March 2024   |   9:04 pm The Federal Government has set 2027 as the year when at least one million vehicles in Nigeria will run on Compressed Natural Gas (CNG). The Project Director for Presidential Compressed Natural Gas Initiative (PCNGI), Michael Oluwagbemi disclosed that this is the target set by President Bola Ahmed Tinubu. According to Oluwagbemi, the target will see… President Bola Ahmed Tinubu has set 2027 for one million vehicles to run on CNG The Federal Gov...

THE Government is closer to finding the owners of the Gulfstream barge which caused a massive oil spill when it sank off Cove Estate in Tobago last month. This from Energy Minister Stuart Young while speaking yesterday at the Magdalena Grand Resort at Lowlands during the launch of the public CNG station for Tobago. The station will be located at the Cove. “And just to remind people that this was something that had absolutely nothing to do with us in Tobago or in Trinidad, and the owners of the...

The Federal Government pledges that it will establish a Compressed Natural Gas (CNG) processing plant In Odukpani Local Area of Cross River State. Vice President Kashim Shettima made the pledge in Calabar during Energy Cross River Expo 2024, tagged, “Redifing the Energy Architecture of Cross River State Using Sustainable Fuel” This follows President Bola Tinubu’s approval for the establishment of the Presidential CNG Initiative (Pi-CNG) last year as part of his palliativeinterventions aime...

The Niger State Government has officially disclosed that a fleet of 200 Compressed Natural Gas (CNG) powered buses, recently acquired, will soon commence public transportation operations across the state. This announcement was made public by Abdulberqy Usman Ebbo, Special Adviser on Digital Communications to Governor Mohammed Umaru Bago of Niger State, who shared this development through his verified X account platform on Monday. Recall that this initiative follows Governor Bago’s strategic mo...