Business & Loans
Fuel Subsidy: How Much it Will Cost To Convert Your Car To Use Natural Gas
Fuel Subsidy: How Much it Will Cost To Convert Your Car To Use Natural Gas
It’s no longer news that President Bola Ahmed Tinubu called for an end to fuel subsidies which has led to a significant increase in the price of fuel and Nigerians are considering converting their vehicles to run on natural gas.
If you are one of those considering converting your vehicles to run on natural gas but don’t know the cost or how to go about it, then you are at the right place, keep reading to the end.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) plans to install compressed natural gas (CNG) dispensers in around 30,000 fuel stations across the country, offering CNG at a cost of N100 to N110 per liter.
The cost of converting internal combustion engine (ICE) vehicles to run on natural gas is detailed in a recent infographic data created by HydroCIS in partnership with the Nigeria LPG Association (NLPGA), the Nigerian Gas Association (NGA), the LPG Group of the Lagos Chamber of Commerce & Industry (LCCI), and the Association of Local Distributors of Gas (ALDG).
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How Much it Will Cost To Convert Your Car To Use Natural Gas
According to the recently detailed infographic mentioned above which was released by HydroCIS in collaboration with NLPGA, NGA, LCCI, and ALDG, here are the costs to convert internal combustion engine (ICE) vehicles to run on natural gas in Nigeria:
What is Suitable and Not
Natural gas has different variants and the cited infographic notes that the use of these variants is suitable for some purposes and not suitable for others. The infographic outlined the various uses of compressed natural gas, liquefied petroleum gas, and liquefied natural gas as follows:
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