The Nigerian National Petroleum Company Limited (NNPC Ltd) has thrown its weight behind a Mini-LNG and LCNG facility being developed by Portland Gas Limited in Gwagwalada, Abuja, pledging to supply natural gas to the plant from the Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline upon its inauguration in July.
NNPC’s Executive Vice President for Gas, Power and New Energy, Olalekan Ogunleye, made the disclosure at an investment workshop in Abuja, noting that the compressed natural gas sector has attracted over $200 million in private investment commitments in recent years. More than 300 CNG conversion centres have been established nationwide, with a target of one million vehicle conversions by 2027.
“Gwagwalada sits at a strategic transport intersection linking Kogi and key northern hubs. The Mini-LNG/LCNG facility will fuel vehicles, power industries, reduce dependence on diesel, and strengthen energy resilience,” Ogunleye said, adding that mini-LNG infrastructure is modular and scalable, limiting capital risk.
Olaniyi Yusuf, Chairman of the Nigerian Economic Summit Group (NESG), underscored that energy affordability must be addressed if Nigeria is to achieve its ambition of becoming a trillion-dollar economy within the decade. He noted that scaling the Presidential CNG Initiative will require stronger institutional alignment, supply chain reliability, access to finance, robust safety regulations and closer coordination with state governments.
Portland Gas CEO Folajimi Mohammed reaffirmed his company’s commitment to delivering clean, reliable and sustainable gas solutions, citing years of experience in gas infrastructure development and describing Nigeria’s gas sector as “ripe for investment.”
Source: vanguardngr.com