Switching to LPG and CNG power in Nigeria
Upstream oil and gas producers in Nigeria can save millions of Naira per MW per month by switching to LPG and CNG power sources, provided by Gasavant Africa. Discover the economical, technical and environmental benefits.
Diesel Power Generation: The Current Consumption Data
- Indigenous Producers: Expenditure on diesel power generation
- International Producers: The percentage of diesel power generation in relation to other sources of power
The History of Gas Flaring in Nigeria from 2000 – 2003
The Neglected Decades
In the 2000s, gas flaring was a relatively ignored topic despite the damage that it caused.
Forceful Intervention
In 2018, the Nigerian Government launched a policy to reduce gas flaring by 2020.
Expectations and Progress
We review and evaluate the country’s progress on reducing gas flaring and the current state of affairs in 2023.
Switching to LPG and CNG Power Source
How Gasavant Africa Supports Producers
We provide cost-effective power storage systems and flexible financing options while supporting the switch to LPG and CNG power sources.
CNG vs LPG
Explore the differences in the economic, environmental and efficiency dimensions between Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG).
Fuel Prices Trends in Nigeria from 2000 to 2023
Diesel
Typically sold at NGN867 per litre, the price of diesel is greatly fluctuated with some instances of scarcity and exorbitant prices, making it unaffordable for many consumers.
CNG
With a price of NGN300 per litre, CNG is more economical than diesel, has low greenhouse gas emissions, and is locally available with no important dependency.
LPG
Available at NGN350 per litre, LPG offers a cheaper and cleaner alternative to diesel as well as has significant economic, environmental, and safety advantages over diesel.
Calculating Savings with CNG and LPG for Different Industries
Banks and SMEs
Switching to CNG and LPG could save up to five (5) million naira per MW per month for Banks and three (3) million naira per MW per month for SMEs.
Mobile Towers and Data Centres
CNG and LPG can help cut down operating costs by up to 50%.
Manufacturing
Switching to CNG and LPG can enable up to 30% energy savings from heating processes.
Markets
Switching to CNG and LPG offers substantial fuel savings and less pollution, thereby making food more affordable and cleaner.
The Benefits of CNG and LPG for Oil and Gas Operations
Technical Benefits
– Less equipment wear and tear
– Improved efficiency
– Increased safety
Economic Benefits
– Reduced monthly costs
– Less downtime
– Increased revenue
Environmental Benefits
LPG and CNG significantly less environmental harm than gasoline and diesel.
They produce animal greenhouse gases, are non-toxic, and reduce greenhouse gas emissions considerably.
Next Steps
Consideration
Evaluate the economic, environmental and technical merits of switching to LPG and CNG Power.
Consultation
Contact Gasavant Africa to learn more about switching to LPG and CNG Power.
Comments:
-
-
Michal Sturgil
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt.
-
Comments are closed.
Heather J Goggins
Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.Excepteur sint occaecat cupidatat non proident.