The gas industrialisation revolution launched by the President Goodluck Jonathan’s administration is focused on an industrial rebirth of Nigeria. At least two companies, Oando Gas and Power Ltd and Nigerian Independent Oil Company (NIPCO), are involved with expanding CNG availability for transportation in the country.
Oando Gas and Power Limited (OG&P), an indigenous natural gas distribution and captive power solutions company, and a subsidiary of Oando PLC, has this week entered into agreement with the United States Trade and Development Agency (USTDA) to jointly fund a feasibility study towards the development of an interstate natural gas transportation pipeline from the Excravos-Lagos Pipeline System to other Southwest States. Oando Gas and Power’s Chief Executive Officer, Mr. Bolaji Osunsanya, commented that “Oando Gas and Power continues to seek opportunities to expand its gas infrastructure to reach more industries through pipeline distribution grid and Compressed Natural Gas (CNG) stations.”
The Nigerian Independent Petroleum Company (NIPCO) Plc is reported to have injected over $60 million into a joint venture CNG project in the country, writes All Africa, with Nigerian Gas Company (NGC), a subsidiary of Nigeria National Petroleum Corporation (NNPC). The JV has apparently already inaugurated six CNG stations in Benin City, Edo State. New stations are planned for Lagos to assist current natural gas vehicle owners and to help promote CNG fuel uptake.