PCNGi also revealed that it expects to convert about one million vehicles to CNG which would save about $4.4 billion annually in petrol importation.
Mr. Ekpo who was represented at the event by Engr. Abel Nsa, pointed out that to ensure a safe usage of CNG as fuel for vehicles, specific materials and tools would be needed across the value chain. On his part, the Executive Director, Distribution System, Storage and Retailing Infrastructure, Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Engr. Ogbugo Ukoha said the agency in its quest to promote the use of gas has gazzetted two regulations that addressed technical framework and specifications for the development of gas retailing infrastructures and fuel quality standard.
Earlier, the Project Director/Chief Executive, PCNGi, Engr. Michael Oluwagbemi explained that the transition to natural gas usage is good for the country as gas is cheaper, cleaner, safer and more sustainable for the economy.