Over 3,000 vehicles in Benin powered with CNG -NNPC


*NNPC GMD, Dr Maikanti Baru.

By Energy Worth

The Group Managing Director of the Nigerian National Petroleum Corporation ((NNPC), Dr Maikanti Baru has disclosed that more than 3,000 vehicles are now powered with the Compressed Natural Gas (CNG) in Benin-City, Edo State.

Dr Batu stated this while addressing newsmen at a town hall meeting with the staff of the corporation in Abuja as part of the progress made by the corporation to enhance the use of the CNG to power vehicles across the country.

He added that efforts are being made to explore other source of energy that could substitute petroleum.

"We are working hard to ensure that we proffer alternative to Premium Motor Spirit (PMS) popularly known as petroleum to let Nigerians have easy access to energy," he said.

Comments

Post a Comment

Popular posts from this blog

NNPC to support indigenous participation in Nigeria’s Oil Industry

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas Industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, made the pledge while commissioning the Lagos Midstream Jetty (LMJ) at the Apapa Harbour in Lagos on Tuesday. “NNPC will continue to support all players in the downstream sector of the Oil and Gas industry towards efficient product supply and distribution across the Country,” he stated. Reiterating the Corporation’s commitment to continued collaboration with the private sector, Dr. Baru urged private companies to develop innovative and profitable solutions that would not only aid the development of the Country but also ease the way of doing business. He charged the private sector to continuously look for opportunities to partner with the public sector to enable the realisation of the Country’s economic goals.   He noted that the development o...
Read more

ExxonMobil named 2017 explorer of the year by World Oil and Gas Council

Image
ExxonMobil  has been named  2017 Explorer of the Year  by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and discovering the highest quality resources,” said Steve Greenlee, president of ExxonMobil Exploration Company. “This recognition would not be possible without the dedication of our employees and their daily commitment to safety and operational excellence at every stage of exploration.” During the year, ExxonMobil announced a number of discoveries, acquisitions and other activities in various countries, including Brazil, Cyprus, Equatorial Guinea, Guyana, Mauritania, Papua New Guinea and Suriname. Significant exploration activity took place offshore Guyana, where ExxonMobil announced four discoveries in 2017 at Payara, Liza Deep, Snoek, and Turbot. These four discoveries added to the earlier Liza discovery, m...
Read more

Oando announces YTD September 2017 results Posts N7.1bn Profit-After-Tax

Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, Oando Plc has announced unaudited results for the nine months period ended 30 September, 2017, with the following highlights: Commenting on the results, the Group Chief Executive, Oando Plc, Mr Wale Tinubu said: “Our third-quarter financials are reflective of the success of our strategic initiatives of Growth through our dollar earning upstream portfolio; Deleverage through recapitalization and asset divestments and the expansion of our oil export trading business." "The proceeds from our business restructuring have been successfully used in improving our balance sheet with a reduction of N21 billion in our net debt position from N230.6 billion as at December 2016 to N209 billion today." "Despite prevailing headwinds, we continue to create value as seen in our improved performance four quarters in a row and remain confident about the resilience of our business m...
Read more