According to a research report “Sustainable Fuel Market by Type (Renewable Fuels, Low Carbon Fossil Fuels), Fuel Type (Biofuels, E-Fuels, Hydrogen, Biomethane, CNG), End User (Road transportation, Marine, Aviation), State (Liquid, Gas) and Region – Global Forecast to 2029” published by MarketsandMarkets, the global Sustainable Fuel Market is projected to reach USD 299.9 billion by 2029 from an estimated USD 193.8 billion in 2024, at a CAGR of 9.1% during the forecast period. Gl...

The MEMAN Competency Centre hosted a workshop yesterday, 4th June 2024, focusing on operational safety in the retail compressed natural gas (CNG) sector. The hybrid event held at the MEMAN Secretariat in Lagos and online, brought together key stakeholders from across the industry to discuss best practices for the safe implementation and use of CNG in Nigeria. In his opening remarks, Huub Stokman, the Chairman of MEMAN, underscored the importance of the Competency Centre’s role in supporting th...

The Federal Government is optimistic that the successful implementation of its Compressed Natural Gas (CNG) initiative will save the country at least $4.4billion from its total annual spendings on fuel importation. This is as the Tinubu-led administration seek ways to foster sustainable energy solutions and reduce carbon emissions while also cushioning the impact of fuel subsidy removal, which has led to a significant increase in the price of PMS. Read alsoNigerian Govt, stakeholders in talk ove...

One million vehicles converted to use CNG will save Nigeria $2.5 billion yearly, save 6 million litre of petrol per day.  In addition to being 18 time safer than our petrol and diesel, motorists can realise between 40% to 50% savings with CNG.  CNG is expected to end the era of pollution, environmental degradation as well as reduce the cost of transportation. The Federal Government has explained that Nigeria will save about $2.5 billion per year and about 6 million litres of petrol per day for...

VICTORIA — BC Transit says several buses in its Victoria fleet are affected by a Transport Canada recall. The agency says a number of its CNG Vicinity Motor Corp. buses contain a manufacturer part that was in the recall. It adds the buses are temporarily removed from service. BC Transit says replacement parts are expected to arrive later in the week and buses will return to service after the part is fixed. It warns transit users of delays and trip cancellations as the agency works to replace p...

NASENI boss wants approval from president Tinubu to convert all the vehicles in the State House Fleet to run on CNG fuel. He said this during the launch of the NASENI-Portland CNG Conversion, Filling, Reverse Engineering and Training Centre in Abuja. According to NASENI boss, the facility can convert 15 cars every two hours, which translates to 2,700 conversions per month. The National Agency for Science and Engineering Infrastructure (NASENI) has urged President Bola Tinubu to give the Agency a...

Tinubu on Friday commissioned NASENI-Portland CNG Conversion, Filling, Reverse Engineering and Training Centre in Utako Abuja. At the event, he directed Federal MDAs to patronise products of NASENI to support Made-in-Nigeria goods and reduce importation. CEO of NASENI says that the facility can convert 15 cars every two hours, which translates to an output of 2,700 conversions per month. President Bola Ahmed Tinubu has directed Federal Ministries, Departments and Agencies (MDAs) to patronise pro...