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BNP Paribas, an African Favourite: No More Financing of Independents, and New Oil and Gas Fields

By Macson Obojemuinmoin

BNP Paribas, which has been in the process of exiting fossil fuels for several years, is accelerating the financing of low-carbon energy.

A key part of that is immediate phasing out of financing to independent oil companies for projects intended to support oil production (corporate financing or RBL.

“As a founding member of the Net-Zero Banking Alliance, BNP Paribas no longer provides financing dedicated to the development of new oil and gas fields and continues to decarbonise its loan portfolio”. the company says in its most recent update.

The group, known for several years to have been more tolerant of oil and gas transactions in Africa than most of its peers in the Western Hemisphere,  says that its pull back from financing of new oil and gas fields is “regardless of the financing methods”. The Bank has also updated its oil and gas sector policy to reflect this.portfolio. The Group presented its new emission reduction targets for the steel, cement and aluminium sectors in its Climate Report.

At the end of September 2022, the Group’s financing for these projects was already 20% higher than that of fossil fuels, with the objective of devoting 80% of its financing to low-carbon energy by 2030.

To support the economy in its transition to low-carbon, BNP Paribas acts to limit greenhouse gas emissions from its loan portfolios. The Group thus makes strong commitments, aligned with the International Energy Agency’s “Net-zero 2050” scenario, in the sectors with the highest emissions.

BNP Paribas will reduce its financing of oil exploration and production by 80% by 2030 as follows:

– No longer providing any financing dedicated to the development of new oil fields (including project financing, RBL, FPSO;

– Phasing out financing to non-diversified oil exploration and production players (independent oil companies) which is intended to support oil production (corporate financing or RBL);

– Reducing the share of the general corporate-purpose facilities which is allocated to oil exploration and production.

As regards gas exploration and production, BNP Paribas will cease all financing dedicated to the development of new fields. As announced on January 24th, 2023, BNP Paribas is committed to reducing financing for gas exploration and production by more than 30% by 2030 (vs. September 30th, 2022 baseline).

As part of its 2022 Climate Report, BNP Paribas has set new portfolio alignment targets in three key sectors. These targets are informed by the International Energy Agency’s Net Zero Emissions (IEA NZE) by 2050 scenario and are set for 2030, which is considered as the appropriate time horizon when taking into account the respective industries’ decarbonisation inflexion points:

– Steel: a 25% emission intensity reduction vs. 2022 in order to reach 1.2 tCO2/t crude steel.

– Aluminium: a 10% emission intensity reduction vs. 2022 in order to reach 5.6 tCO2e/t aluminium.

– Cement: a 24% emission intensity reduction vs. 2021 in order to reach 0.51 tCO2/t cementitious products.

BNP Paribas confirms that it remains on track with the trajectories announced in 2022 for its first three sectors of focus:

– Oil and gas:  12% reduction in financing for oil and gas exploration and production at year-end 2022 vs. 2020 (targeted 12% reduction by 2025 substantially achieved); emission intensity of 67 gCO2e/MJ at year-end 2022, with a target of <61 gCO2e/MJ by 2025.

– Power generation: financed technological mix of energy sector comprised of 60% renewable energies at year-end 2022 (target of over 66% by 2025) and 7% coal (target of less than 5% by 2025); emission intensity of 179 gCO2/kWh at year-end 2022, with a target of <146 gCO2/kWh by 2025.

– Automotive: increase in the share of electrified vehicles financed in the total automotive portfolio to 14% at year-end 2022, with a target of reaching >25% by 2025; emission intensity of 167 gCO2/km (WLTP) at year-end 2022, with a target of <137 gCO2/km (WLTP) by 2025.

“As BNP Paribas continues to align its loan portfolio with a net zero trajectory, the bank reiterates one of its key objectives from its GTS 2025 plan: to position the Group as a leader in the energy transition, with a target of deploying €200Billion to support its clients’ transition to a low-carbon economy by 2025[5]. BNP Paribas remains both strongly committed to and on track to meet its goal. This is reflected in its n°1 position in worldwide green bond issuance in 2022 ($19.5Billion[6]) as well as in 2023 year-to date ($9 Billion, in addition to $14.2Billion in sustainable bond issuance)”, the company explains.


Matola Takes Hold of Moza’s Leading Electricity Firm

Tomás Matola, the head of state investment bank BNI, has been named the new chairman of the Cahora Bassa hydroelectric company, HCB.

HCB is the largest company with public capital in Mozambique, with the State holding 85%; the Portuguese company REN has 7.5%; 4% of the shares in the hands of various national citizens and companies and 3.5% held by HCB itself.

Matola 44, replaces Boavida Mahambe, who has been the company’s Chief Executive since March 2021.

Matola  held various management positions in BNI over the last 11 years, and was Chairman of the Executive Committee in the last eight years.

BNI’s latest report and accounts, announced profits of more than 200Million Meticais ($3.13Million) from which it paid the Mozambican State, its shareholder, 60Million Meticais ($0.94Million) in dividends.

The Cahora Bassa Hydroelectric Board of Directors comprises Aida Magaia, Nilton Trindade, Hermínio Chiau and José Munice.

Savannah Continues its African “Empire Building”, Despite the Obstruction in Chad

British junior Savannah Energy is forging ahead on its empire building in African energy, despite the obstruction posed by the nationalization of the assets it bought in Chad.

The company signed a Memorandum of Understanding MoU with the government of Niger Republic to construct 200MW capacity solar plants on May 11, 2023. That’s less than two weeks after it concluded an agreement with the Cameroonian Government, to build a 75MW Hydropower Plant in that country.

The proposed solar plants, in Niger, two of them, are to be sited within 20 km of the cities of Maradi and Zinder, respectively, in southern Niger. They will be connected to the South-Central section of Niger’s electricity grid, which is forecast to be interconnected to the Western electricity grid zone (which serves Niamey) by 2026, as part of a World Bank funded project.

These solar plants come in addition to the up to 250 MW Parc Eolien de la Tarka, the wind farm project, for Niger Republic, which Savannah signed with the government in 2022, and is expected to start construction in 2024. In total therefore, the solar and wind power projects to which Savannah has committed to, in Niger Republic, totals 450MW in capacity. These are projects outside its main purview: to monetise oil and gas resources.

In Cameroon, the signing of the MoA for the Bini a Warak Hydroelectric Project, located in the country’s northern Adamawa Region, will be followed up with an updating of existing feasibility studies and work with power industry authorities and development finance institutions to finalise the development, financing and resumption of construction. Savannah expects to fund the Bini Project from a combination of its own internally generated cashflows and project-specific debt.

The agreements for Hydropower construction in Cameroon and Solar in Niger come after Savannah sold a minor stake in the Cameroon Oil Transportation Company S.A. (COTCo) to Cameroon’s state hydrocarbon firm, SNH.

COTCo owns and operates the 903km Cameroon section of the Chad-Cameroon export pipeline, the Kome Kribi 1 floating storage and offloading facility and related infrastructure. Completion of the transfer of the Shares from Savannah to SNH will result in Savannah’s shareholding in COTCo reducing from 41.06% to 31.06%.

Savanah Energy is primarily a Hydrocarbon company; the largest project in its portfolio is ownership and operation of a gas processing plant and related infrastructure in Nigeria, from which it supplies 142Million standard cubic feet of gas per day (142MMscf/d) to several power plants, making it one of the three largest independent suppliers of gas to the country’s domestic market.

Savannah has made several oil discoveries in Niger Republic and is on course of developing them.  But the UK firm seems to have decided that one way to the hearts and minds of governments it deals with in Africa is to get involved in their power infrastructure projects.


Uganda’s Turaco Block Awarded to a Second Firm in Seven Years

Ugandan authorities have signed a production-sharing agreement (PSA) with a subsidiary of Australian firm DGR Global for exploration of oil in the west of the country.

DGR Energy Turaco Uganda Limited will explore in the 637 sq km Turaco block) in the Albertine Rift basin that straddles the African nation’s border with the Democratic Republic of Congo.

Armour Energy Uganda Ltd, another subsidiary of DGR Global, got a two-year extension of its licence for the Kanywataba exploration area, which it has been exploring since 2017.

Turaco was one of five blocks put up for auction in Uganda’s second licensing round, launched in 2019.

“This licence marks a significant milestone for the competitive second licensing round,” declared  Ruth Nankabirwa, the country’s Energy Minister.

It would be the second time in seven years that the Turaco block would be awarded to an operator.

In a 2015 bid round, the Nigerian independent Waltersmith Petroman Oil Limited, was awarded the same Block, located in Ntoroko District. A year later,  the company had opted out because of terms that included (1)the state’s request that it posted a bond amounting to $58Million for its four year work programme, (2), carry the state 20% and (3) share the profit 50: 50 with the state.

DGR won the block in an updated bid round, started four years ago and delayed by the COVID-19 pandemic as travel curbs affected the bidding and negotiation stages, the Minister explained.

With this transaction, DGR has four years of exploration.

Uganda hosts 6.5Billion barrels of crude oil, 20%  (or 1.2Billion barrels), of which  is estimated recoverable reserves.

Development plan for Turaco or any other block for that matter is dependent on the delivery of the ongoing development of the Tilenga cluster of fields by TOTALEnergies and the Kingfisher field by CNOOC, as well as the installation of the EACOP pipeline for the evacuation. First oil from these projects is expected by late 2026.





“Teach Us How,” Namibians Seek Angolan Help in Hydrocarbon Development

Namibia’s petroleum officials have signed a Memorandum of Understanding (MoU) with their Angolan counterparts, essentially about holding their hands in navigating the terrain of regulating the development of the series of oil discoveries Namibia is walking into. The MoU, between Namibia’s Directorate of Petroleum Affairs and Angola’s National Petroleum, Gas and Biofuels Agency (ANPG) aims to promote bilateral cooperation in the Oil and Gas sector between the institutions, based on mutual benefits between the two countries, strengthening and intensifying cooperation in the Oil and Gas Industry.

“We are going to train the Namibians so that they can assume the responsibility of producing in Namibia”, remarks Paulino Jeronimo Chairman of the Board of Directors of ANPG. “The training will not take place in an office, but in a task force because we have accumulated experience with different operators and we want to make use of this aspect to help in the training of Namibians. Remember that the national workforce in Angola is 80% and it is our expectation that Namibia will gradually reach this level”.

The MoU was inked in the course of the Namibia International Energy Conference held in Windhoek, under the motto “Shaping the future of energy for value creation”.

Namibia has hosted a number of huge discoveries of oil and gas in its deepwater acreages since 2021. By some analysis, the large tanks encountered by Shell and TOTAL under the Namibian portion of the South Atlantic could hold up to six billion barrels of hydrocarbons. But the country has never seen any hydrocarbon discover through to development.

Namibia and Angola will now, after this agreement, move on elaboration, approval and execution of the Action Plan, according to a release by the ANPG.

The MoU follows up on an earlier MOU signed between the Ministry of Natural Resources, Oil and Gas of Angola and the Ministry of Energy and Mines of the Republic of Namibia, on the 29th of November last year, during the Angola Oil and Gas Conference.

The Angolan delegation, headed by the Chairman of the ANPG, was made up of the Executive Director, Belarmino Chitangueleca, the Director of Negotiations, Alcides Andrade, the Coordinator of the Biofuels Nucleus, Vita Mateso, Exploration and Negotiation Specialists, Adriano Sebastião and Hermenegildo Buila, respectively, as well as technicians from various areas assigned to the Concessionaire.

At Seplat, Chioma Afe Takes Over from Chioma Nwachuku

Chioma Afe has taken over from Chioma Nwachuku as Director of External Relations and Sustainability at Seplat Energy.

Nwachuku, 60, who has held the company’s lead spokesperson’s job since September 2010, first as General Manager Public Affairs & New Business Development, before moving up to Directorate level position, retires in August 2023.

In her place, Afe has settled in. She coordinated the company’s Annual General Meeting on May 10, 2023.

Mrs. Afe oversees a division consisting of departments responsible for managing Corporate Communications, Media Relations, Branding, Business and Joint Venture Partner Relations, Community Relations, Government Relations, Public Relations, Corporate Social Responsibility, ESG and Sustainability.

She moved to Seplat after four and half years as Access Bank’s Head of Marketing Communications, a job she took after heading Corporate Communications at Diamond Bank Plc.

Chioma Afe has worked in Public Relations, Marketing and Brand Development across various sectors for 25 years, beginning with a National Youth Service job in Tequila Nigeria, a pioneering Below the Line (BTL) advertising agency in the country. She has attended leadership and management courses at Wharton University, Metropolitan Business school, Lagos Business School and Imperial College Business School, London.

Seplat’s new spokesperson has worked with such brands as British American Tobacco (BATN), and KPMG; as Senior Brand Manager with Cocacola Nigeria Limited from 2006 to 2011, Senior Manager, Brand Assets and Activations with Airtel Nigeria from 2011 to 2012, and then as Marketing Manager, Cadbury Nigeria Plc from 2012 to 2013.

She was Marketing Manager at MultiChoice Group until 2016 when she took the Diamond Bank job.

All that multisectoral experience will be required to keep the Seplat Energy in as much positive glare in the media, as various contending shareholding and founder interests battle for the soul of Africa’s most successful indigenous E&P firm through case after spontaneous court cases.

Nwokedi, Veteran NGA Member, Takes the Helm of the Gas Advocacy Body

The Nigerian lawyer Akachukwu Adeyinka Nwokedi has been elected the President of the Nigerian Gas Association (NGA), the country’s leading natural gas advocacy group.

It is just as well. He has been part of the organizing machinery of the association for its close to a quarter century of being.

It is telling that Mr. Nwokedi is the current General Counsel and Company Secretary of Nigeria Liquefied Natural Gas (NLNG)Limited, a company which, close watchers have come to associate with being the life force behind the birth and growth of the NGA.  That the association was registered in the same year the NLNG delivered its first export cargo of LNG, fortifies the narrative that NGA was created to popularize the idea of ‘the business of natural gas’ at a time when NLNG was a rank outlier, struggling against the tide in an economy focused on the pure oil play.

But as Nwokedi’s acceptance address on the night of his election shows, tying the birth of NGA with the fortunes of NLNG is a single story which leaves out a complicated background and context.

“Today is certainly a day for reflection because when in 1999, I was saddled with the responsibility by the then GMD of NNPC, Dr Gaius Obaseki, to register the NGA and become its first legal advisor and Deputy Secretary-General, I could not have known that many years later I would be standing here today as President of the association”, the new President told a roomful of guests at the dinner.

Translation: the NGA is a child of many parents.

“It is indeed an honour and a privilege to be taking over the mantle of leadership of this very important body to the Nigerian Gas Industry, an association to which I have remained committed for the last 20 plus years”.

Nwokedi holds a first degree and a Master’s degree in law from the University of Buckingham, United Kingdom and was called to the Nigerian Bar. He is a legal professional with over 25 years’ experience, mainly in the oil and gas industry.

A pioneer Human Resources Manager for Career Development and Talent Management in NLNG and later the Human Resources and Services Manager for NLNG’s Production Division, Nwokedi delivered the Gas Supply Agreements (GSA) for NLNG’s Trains 3, 4 and 5 and the financing agreements for the NLNGPlus Project in his position as Senior Counsel, Technical and Projects for the company, his profile says.

He also served as Managing Director and Chief Executive Officer of NLNG Ship Management Limited (NSML), an NLNG subsidiary, “repositioning the company from loss making to an organization delivering strong performance and sustained profit for the NLNG Group”, the profile explains.

Expectations about Dangote Refinery Inauguration are Extremely Exaggerated

By the Editorial Board of Africa Oil+Gas Report

The ceremony around the planned visit by the Nigerian President to the Dangote Refinery on May 22, 2023, will peak with a cutting of the ribbon, ‘inaugurating’ the 650,000Barrels per Stream Day Plant, located in the eastern flank of Lagos, the country’s commercial city.

Everyone, it seems, looks forward to production of petroleum products from the plant after that symbolic activity.

But it will not happen.

As President Muhammadu Buhari leaves office a week after “commissioning” of one of the largest, single train hydrocarbon processing plants on the planet, he could be forgiven for believing he had had his wish to be in such a large place, but technology does not sit well with politics.

The ongoing technical commissioning process has not gotten anywhere close to the point of introducing raw hydrocarbon into the plant, let alone delivering petroleum products.

One key challenge of Nigeria’s chattering classes is that they hardly look up the regulation. Hydrocarbon will be introduced only when the Nigerian Midstream Downstream Petroleum Regulatory Agency (NMDPRA) approves and issues License To Operate the Refinery to Dangote.

Speculations about ‘inauguration’ and ‘commissioning’ are just, well, speculations. Both words do not appear anywhere in the ‘Procedure to License A Refinery’ in Nigerian law. The three stages are:

  1. License to Establish a Refinery
  2. Approval to Construct the Refinery
  3. License to Operate the Refinery.

Nowhere does inauguration or commissioning appear. So, the Refinery can be inaugurated or commissioned as the Licensee desires, as long as no attempt is made to operate the Refinery by introducing crude oil and make products For Sale, it does not concern NMDPRA.

The claim that some “large sub-sea pipeline infrastructure connected to Oil and Gas blocks in the Niger Delta region for supply of crude feedstock” is a false narrative. What’s in the plan is that Single Point Mooring (SPM) buoys will play the transportation role in input crude delivery and output petroleum products.

We live in a society where optics trumps everything. Buhari has been President for 8 out of the 9 years that the Refinery Project has been on. What is wrong with Dangote asking President Buhari to inaugurate the Refinery, so his name is on the marble when the facility becomes fully functional? Afterall no law will be breached by such a gesture?

That said, Aliko Dangote, the billionaire owner of the refinery, is determined that the $19Billion project, the second of his three, hydrocarbon processing mega projects (Fertiliser, Refinery and Petrochemicals) is delivered by end of 2023.

The technical work has gone far: involving trial-running every single equipment, which has taken a while because of the length time of mechanical construction. Some equipment were installed six years ago, and were just standing there, in the air, water or even underground. Anything, literarily, could have happened.

As of February 2021, the installation of the Crude Distillation equipment had been completed.

So had the kitting up of the Residue Fluid Catalytic Cracking Unit (RFCCU).

Supply chain challenges thrown up by the COVID- 19 did slow down work, but the construction of Africa’s largest hydrocarbon processing factory picked up steam again in mid-2021.

“The electricals and instrumentation works are usually invisible to the gaze of non-refinery workers, but they are key: their installation needed extreme care and it consumes over 30% of the refinery construction time,” say several  managers familiar with the project.

“A lot of our contractors are Chinese. Those who went home couldn’t come back quickly, but the project workflow recovered and those installations, especially that of the Crude Distillation Column, which arrived Nigeria in December 2019, were expedited”.

“We will have 15 process units in the refinery, and they must all work together”, the managers tell us.

The operations planning will emphasize the mantra at the commissioning: “We must flow everything out with air, then do it with water, then with steam, then with air again”.  This is all to ensure that the likelihood of moisture absorption is zero, as the contrary will lead to cracks.

“The equipment must be pickled. What that does is that it oxidizes the facility”.

The Dangote Refinery is significantly an Indian supervised operation.

But a significant percentage of the 1,000 Nigerian engineers sent to training in India for the eventual operations of the facility, have returned and are currently engaged on site.

The relationship between the Nigerian crude oil refining sector and Indian engineering expertise goes back as far as 1988, when the second (larger) refinery in Port Harcourt, the major city in the country’s oil producing Delta region, was being constructed.

“Some of the experts working on ‘Operations Planning’ were part of the construction of the Port Harcourt Refinery 35 years ago”, our sources say.

Mr. Dangote initially announced the likelihood of the project in 2013. But it was at the All-Convention Luncheon at the annual conference of the Nigerian Association of Petroleum Explorationists (NAPE) in November 2014, that he provided the first relatively comprehensive details of the facility. He told the roomful of geoscientists that the capacity had increased from 500,000BSPD to 650,000BPSD

Dangote Industries was advised by Jacobs Engineering and it licensed the Honeywell UOP for the basic engineering design. On a daily basis, the facility will have the capacity to produce 59 Million litres of gasoline; 20Million litres of Kerosene, Nine Million litres of Diesel and others.

The construction has taken a while and has been though the most excruciating economic challenges Nigeria has ever faced. Would Dangote Industries have delivered this project much earlier if it had awarded it to a world-class EPC contractor like Bechtel, TechnipFMC, Siemens, KBR?

“Yes”, said Alex Ogedengbe, a retired Group Executive Director (GED) at the NNPC, who was involved in the construction of the Warri and Port Harcourt Refineries in the 1980s. “There are just about six or seven such EPC contractors in the world”, he explained. Mr. Ogedengbe was speaking at a private webinar, organized by oil and gas analyst Ronke Onodeko, in April 2020.

Dangote sources maintain that the cost would have been at least 30% higher if that route had been taken. And while it could be argued that Dangote Industries could have had good value for money if a Bechtel or a KBR had handled the construction, multiple sources argue that the delay could have been minimized if the current structure had been in place since inception. The company went into this project with the mindset of constructing a cement plant, which was its major competence before this huge assignment. “We wasted the most time at the engineering stage”, one manager recalls. “A reputable EPC contractor would still have hired expertise from outside like we are doing and subcontract several units. Dangote Industries bought brand new equipment for this work; an EPC contractor might not even have done that, but it would have coordinated things better at the outset”.

One more advantage of building it yourself: all the equipment you purchase for logistics and construction purposes are yours.

Everyone we spoke to agreed that things began to take very good shape when Giuseppe Surace came along. The Italian engineer who had been Chief Executive of Saipem in Nigeria and Brazil, joined the project in June 2017 as Chief Operating Officer. “On the factory floors, in the executive offices, everywhere on site, the consensus is that one of the best decisions that Aliko Dangote made was Surace’s appointment”, said our sources. “He saved the project”.

A highlight of the swirling speculations around President Buhari’s impending visit is the description of how crude oil will be pumped into the refinery. One widely circulated message confidently talks of a “large sub-sea pipeline infrastructure connected to Oil and Gas blocks in the Niger Delta region for supply of crude feedstock”.

That’s a false narrative.

The truth is that Single Point Mooring s (SPM) buoys will play a huge role in input crude delivery and output petroleum products. There are three of them either way. Three SPMs will deliver the input crude oil from vessels into a jetty from which it is pumped into the plant. And three SPMs will ferry petroleum products out to vessels on the sea for export. “We have facility to evacuate through roads, we have a large loading capacity (103 loading terminals) and we can evacuate 75% of our production through road and we can also evacuate 75% of our production through the sea so that if we want to export”, Dangote officials have repeatedly explained.

“Within Nigeria we can evacuate to Warri, Port Harcourt, Calabar and so on, those options are available”, the officials say.


On the table is the idea of a six-lane road through Epe, a town in the east of Lagos. But what of the supply of the product to Lagos? Will some of it be through the Lekki Expressway?  The subject of the quality of Nigerian roads to take in the products, through land tankers, is still a fraught one.

Post -Subsidy Alternative Fuels in Nigeria, a CNG / LPG Autogas Cost and Efficiency Comparison with Petrol

Dharmattan Gas and Power Ltd., has researched the comparison between Propane LPG and Compressed Natural Gas (CNG) for the purpose of potential use in Nigeria. The company’s findings are captured below:

Propane auto gas (LPG) and compressed natural gas (CNG) are two alternative fuels that can power vehicles with lower emissions and lower fuel costs than gasoline or diesel. However, there are some differences between them that may affect the total cost of ownership and operation as described below.

  1. Initial cost of the vehicle and the fueling infrastructure.

Propane auto gas vehicles are typically cheaper to purchase and convert than CNG vehicles, and they can use existing gasoline tanks and fuel lines with minor modifications. CNG vehicles require more expensive tanks and fuel lines that can withstand high pressure, and they may need additional engine modifications. Propane auto gas fueling stations are also more widely available and cheaper to install than CNG stations, which require compressors and storage tanks.

  1. Fuel efficiency and performance of the vehicle.

Propane auto gas has a higher energy density than CNG, which means it can deliver more power and range per unit of fuel. Propane auto gas vehicles also have similar performance to gasoline vehicles, while CNG vehicles may experience a slight loss of power and acceleration. However, CNG has a lower carbon content than propane auto gas, which means it produces less greenhouse gas emissions per mile.

  1. Maintenance and safety of the vehicle and the fueling system.

Propane autogas and CNG are both cleaner burning fuels than gasoline or diesel, which means they can reduce engine wear and tear and extend the life of the vehicle.

Propane autogas and CNG are both cleaner burning fuels than gasoline or diesel, which means they can reduce engine wear and tear and extend the life of the vehicle.


The primary technical aspect of the proposed conversion is to note that there are two types of conversion kits namely: the VENTURI kit and the SEQUENTIAL kit.

Differences between the Venturi kit and Sequential kit for CNG and Propane Conversion


  1. Tank
  2. Filler
  3. Injectors
  4. Valves
  5. Hoses and Pipes
  6. Mixer
  7. Converter

Manuel Fuel Selector Switch or ECU






Gasoline Gallon Equivalent (GGE)

It is a unit of measurement used to compare the energy content of alternative fuels to that of a gallon of gasoline. It represents the amount of energy contained in a fuel that is equivalent to the energy contained in one gallon of gasoline.

1GGE = 1Galllon = 125,000 BTU


Developing a single CNG filling station costs approximately 6 times the cost of a single Propane Autogas (LPG) station Converting a vehicle from petrol/diesel to CNG costs 1.3 times the cost of converting to Propane Autogas(LPG) LPG filling infrastructure currently exists in many petrol stations for the sale of cooking gas, unlike CNG filling infrastructure that currently exist in only a handful of locations nationwide.

Co-locating LPG filling infrastructure with existing petrol stations is already widely practiced making its adoption for vehicle fueling relatively seamless.

CNG price per energy unit is slightly higher than current petrol price, Propane price is higher, while petrol price is expected to be higher after removal of subsidy, assuming a price similar to diesel of N700/litre


A periodic update on Conferences and Exhibitions focused on oil and gas and energy in Africa and for Africa in the next eight months..

  • MAY 9 – 11, 2023



  • MAY 16 – 18, 2023



  • MAY 16 – 18, 2023


  • MAY 30 – 31, 2023


  • JUNE 6 – 8, 2023


  • JUNE 13-15, 2023



  • JUNE 14-16, 2023



  • JUNE 20-23, 2023



  • JULY 31-AUGUST 2, 2023



  • SEPTEMBER 17-21, 2023



  • SEPTEMBER 27 – 28 ,2023



  • OCTOBER 9 – 13 ,2023



  • OCTOBER 16-20, 2023



  • NOVEMBER 7-9, 2023



  • NOVEMBER 12-16, 2023



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