The Federal Government has inaugurated a high-capacity Compressed Natural Gas (CNG) facility, reaffirming its commitment to deepening gas utilisation and expanding access to cleaner energy through sustained investments in gas infrastructure nationwide.
President Bola Tinubu inaugurated the facility owned by Rolling Energy Limited, a High-Capacity CNG Daughter Booster Station located in Jahi area of Abuja.
Reports show that the Rolling Energy Limited delivered the project with the support of the Midstream and Downstream Gas Infrastructure Fund (MDGIF).
The station is expected to serve as a major CNG hub in the Federal Capital Territory, with capacity to cater for over 1,000 CNG vehicles and 100 trucks daily.
It is expected to significantly improve gas supply and distribution in Abuja and its environs.
Tinubu, who was represented by the Minister of State, Petroleum Resources (Gas), Dr Ekperikpe Ekpo, described the project as “a major milestone in Nigeria’s drive towards a gas-powered economy under Renewed Hope Agenda.
“This facility is particularly significant because it is one of four critical gas infrastructure projects sponsored by MDGIF and being inaugurated across the country.
“Alongside the Rolling Energy project in Abuja, we are also witnessing the launch of projects by Ibile Oil and Gas in Lagos, Portland Energy in Lagos, and Femadec in Owerri.
“Collectively, these projects demonstrate the growing momentum in private sector-led investments in gas infrastructure and distribution.
“These investments are directly aligned with Federal Government’s Decade of Gas Initiative, inaugurated to position natural gas as catalyst for Nigeria’s industrialisation, energy security, transportation transformation, economic diversification and inclusive growth.”
The president said that Nigeria, with about 215 trillion cubic feet of proven gas reserves, must maximise the resource for domestic prosperity and national development.
He added that the daughter booster station would also support the Presidential Initiative on Compressed Natural Gas (Pi-CNG) by strengthening infrastructure required for wider adoption of CNG across the country.
According to him, such projects will create jobs, stimulate local businesses, reduce transportation fuel costs, lower emissions and improve energy affordability for Nigerians.
The president congratulated Rolling Energy Ltd., MDGIF and other partners involved in the successful execution of the project, adding that the project would boost investor confidence in the gas sector and reinforce public-private sector collaboration.
He reaffirmed Federal Government’s commitment to providing an enabling environment for investments across the gas value chain through policy reforms, regulatory support, infrastructure development and strategic financing mechanisms.
He urged investors and stakeholders to take advantage of opportunities in the nation’s gas sector, stressing that Nigeria’s energy transition and industrial growth would depend largely on effective utilisation of its gas resources.
The MDGIF is partnering with Rolling Energy to develop critical CNG infrastructure across key locations in Northern Nigeria as part of efforts to promote gas as transition fuel.
It is also aimed at reducing dependence on conventional fuels and enhance energy security across Nigeria.
The company’s current rollout include a combination of High Capacity CNG Daughter Booster Stations, L-CNG Mother Stations, and L-CNG Daughter Stations and RLNG facilities, strategically located across Abuja, Kaduna, Kano and Borno states.
The High Capacity CNG Daughter Booster Station features a sales capacity of 1,000 Standard Cubic Metres (SCM) per hour, supported by two CNG tube skids with a combined capacity of 17,000 SCM.
The facility also includes a Mass Conversion Centre equipped with trained technicians and world class conversion kits with the capacity to convert up to 20 vehicles and 25 tricycles daily.
(NAN)
