1、1Table of ContentsIntroductionNatural GasCNG AutogasPCNGISMandatePCNGIImplementationRisksImpact of CNG AdoptionFuel SubsidyFUEL SUBSIDY NIGERIAS ALBATROSSAs at 2023,Nigeria was expending 1 trillion naira a month($1.5 billion)to subsidize the importation of 75 million+Liters of Petrol despite produci
2、ng 1.2 million barrels per day of crude oil and seating on enormous gas resourcesNIGERIAS NATURAL GAS WEALTHLCNG Facilities for LNG Regasification toCNG(3 per SD in Non Core States)48CNG Filling Station(3 per LGA)2,322L-CNGStationsCNGStationsVehicle conver si on workshops(1per LGA)3,000ConversionWor
3、kshopsVehicle Conversions1MillionConversion KitsProposed InfrastructureVehicle Conversion TargetLNG/CNGTrans po rtation Tru cksLNG and CNG Trucks500It is estimated that about 75,000 Direct Jobs could be created and an additional 300,000 indirect jobsCNG Autogas OpportunityInfrastructure Requirement0
4、102REGULATE FOR GROWTH03 prThoecesPCs No f Gr ICNisGtoto eensnaurbeleZERthOe INreCIgDulEaNCtorEy while enabling rapid ad-option and promoting RELIABILITY,SAFETY and INTER OPERABILITYINCENTIVIZE ADOPTIONThe PCNGI role is to incentive adoption of CNG for Mobility,by deploying&financing CNG Vehicles fo
5、r Mass Transit,distributing CNG Conversion Kits at di-scount and providing conversion incentives including training.FACILITATION OF INVESTMENTSThe PCNGI role is to facilitate investments in the CNG sector to plug the Conversion Workshop,Infrastructure and-CNG supply gap that exists across the countr
6、y to accelerate access to CNG and thus cheaper transportationPCNGIS MandateCNG CompressionStationsCNGConversionCentresVehicle OEMs*include campuses at PILOT*MOU SIGNED WITH PARTNERSState of Play on Oct 1,20236.79 4.82 0.150.01012345678CommercialPrivateGovernmentDiplomaticMillions57.70%40.98%1.27%0.0