As part of its strategic drive to expand gas marketing and distribution across Nigeria, NNPC Gas Marketing Limited (NGML) has entered into a Joint Venture agreement with Zuid Energies Limited for the development of a 6MMSCFD Capacity Compressed Natural Gas (CNG) Plant and a 40MMSCFD LNG facility in Ajaokuta, Kogi State.
The signing ceremony took place on the sidelines of the Mobility-CNG Stakeholders Workshop in Abuja on Monday.
The development demonstrates NGML’s commitment to leveraging private sector partnerships to deliver innovative Virtual Pipeline Solutions that enable efficient gas supply to off-grid and underserved areas.
The Workshop, themed “Deepening Industry Alignment for a Sustainable Mobility-CNG Sub-Sector,” brought key players and regulators in the downstream value chain to deepen industry alignment, discuss commercial opportunities, and present solutions related to the Presidential CNG Initiative.
The Presidential CNG Initiative (PCNGI) is a flagship program of the Federal Government of Nigeria launched in 2023 to fast-track the nation’s transition to cleaner, more affordable, and more sustainable transportation energy sources. Rooted in the Renewed Hope Agenda, the initiative promotes the widespread adoption of Compressed Natural Gas (CNG) and electric vehicles especially in mass transit systems driving cost savings, job creation, energy security, and environmental sustainability while aligning with national policies on sustainable transport, reduced emissions, gas-flaring mitigation, and economic growth.
Leave a comment