- Banner Energy Limited is set to convert petrol and diesel-powered vehicles to LPG-powered.
- The first phase of the project is limited to select vehicles.
- This phase will provide training for technicians providing them with the necessary skills on Autogas conversion.
Banner Energy Limited has commenced converting petrol and diesel-powered vehicles to Liquefied Petroleum Gas (LPG)-powered. This was stated by the company’s Managing Director Mr Nuhu Yakubu. Yakubu noted that the conversion is limited only to vehicles nominated by the Nigerian National Petroleum Corporation (NNPC).
Vehicles that will benefit from the scheme include those of the NNPC, Ministry of Petroleum Resources, selected mass transporters, labour unions, the Abuja-Kaduna-Kano (AKK) project vehicle. He also noted that the company currently operates the largest LPG Autogas retail filling infrastructure network in Nigeria under its ‘BannerGas’ platform.
BannerGas recently constructed several Autogas filling plants for NNPC as part of the federal government’s Autogas policy. In light of this success, the autogas company is collaborating with the NNPC for autogas vehicle conversion. The first phase of the project, currently ongoing in the Federal Capital, will provide training for young technicians and provide them with the necessary skills on Autogas conversion. The project will be expanded to other states.
Read also: What the Electric Vehicle Future Holds
Yakubu noted that the federal government’s Autogas policy aims to accelerate domestic gas adoption as it is comparatively cheaper than diesel and petrol. According to him, “a litre of government subsidised petrol under extant price regime retails for between N165 and N200 per litre, depending on the part of the country, the average deregulated retail price per litre of LPG delivered to Abuja – FCT falls between N100/litre for propane specification to N195/Litre for butane specification.
He noted that the adoption of the Propane spec LPG – which is the industry-approved standard – will lead to enormous savings for businesses and households, reduce the country’s foreign exchange spend on imported petrol and diversify the energy mix.