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Petrol Price Hike: 7,000 New Filling Stations to Offer CNG, LPG as Fuel Options For Cars

Petrol Price Hike: 7,000 New Filling Stations to Offer CNG, LPG as Fuel Options For Cars

Around 7,000 new filling stations in the country have registered to offer autogas as a fuel choice for vehicles, including compressed natural gas and liquefied petroleum gas.
Oil marketers are working with Asian conversion kit makers to convert petrol vehicles to LPG, LNG, and CNG.
To achieve sustainable energy solutions, oil marketers used N250 billion from the Central Bank of Nigeria’s gas intervention fund for vehicle conversion and autogas purchases.
The PMS merchants’ representative organisation, the Independent Petroleum Marketers Association of Nigeria, announced intentions to convert some 800 tankers to transport autogas to specific filling stations in June.
As 7,000 PETROAN members prepared to dispense autogas, it was learned on Monday that additional filling stations under the Petroleum Products Retail Outlets Owners Association of Nigeria had registered for the same purpose.
Billy Gillis-Harry, the president of the Petroleum Products Retail Outlets Owners Association of Nigeria, said: “PETROAN is involved in numerous intervention projects. The producers of LPG, LNG, and CNG conversion kits have already been contacted by us.
He expressed the hope that PETROAN’s operations would persuade its members to import PMS, aviation fuel or diesel, but he emphasised that the best method to offset the current high price of petrol was to utilise petrol.
“We already have 7,000 retail outlets that have registered for the conversion centres and what we are asking is that the government should make funds available for these conversions. That’s another form of palliative.
“It can partner with PETROAN to fast-track the conversion projects. The company we are partnering with has the capacity to produce 70,000 conversion kits every month for us.
“So if we target to convert 70,000 vehicles every month, in the next three to six months, we would have hundreds of thousands of vehicles to run on gas,” Gillis-Harry stated.

Source: Allnews Nigeria

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