Oritsegbubemi Omatseyin
Lagos — Nigeria’s Midstream and Downstream Gas Infrastructure Fund, , has concluded discussions with leading Chinese manufacturer Endurance Group to make available 500 CNG refuelling stations across Nigeria for the next 3 years.
Briefing the press after the meeting in Abuja, Executive Director of the MDGIF, Mr Oluwole Adama, said the discussion centred on the creation of a government-backed Special Purpose Vehicle, SPV, promoted by MDGIF, BOI, Endurance Group, Séquor Investment Partners.
Adama stated: “The collaboration underscores the parties’ commitment to accelerating Nigeria’s transition to cleaner fuels by addressing infrastructure gaps across the country’s CNG value chain.
”Under this agreement, we will set-up the Compressed Natural Gas Auto Mobility Infrastructure Company (CAM InfraCo) which will be used to deploy 500 integrated CNG refuelling stations, develop LCNG gas supply infrastructure, and provide CNG and LNG transportation trucks with truck-mounted cascades, forming a virtual pipeline across all states nationwide.”
Adama further noted that the project will help ease the long queues currently being experienced at existing CNG filling stations by expanding access to refuelling points and ensuring consistent supply through improved logistics and distribution systems.
Similarly, Mr. Oluwatoyin Subair, the Senior Special Adviser to the President on Special Duties and Domestic Affairs, said the project aligns with President Bola Tinubu’s vision of ensuring energy security by deepening the use of auto CNG and reducing overdependence on PMS and AGO, especially in the transportation sector.
He added that the initiative supports the administration’s broader economic reforms aimed at promoting cleaner, more affordable energy alternatives for Nigerians, and creating new employment opportunities within the domestic gas value chain.
Also speaking, the CEO, Endurance Group, Mr Eric Lin explained that the objective of the SPV is to establish a nationwide CNG refuelling, maintenance and logistics ecosystem by leasing CNG related equipment to certified operators, while ensuring a consistent and reliable gas supply through a world class virtual pipeline network.
CAM InfraCo’s leasing and logistics strategy is designed to create a commercially viable and resilient national CNG refuelling network. The strategy focuses on delivering CNG from strategically located mother stations into underserved northern corridors and rapidly growing southern clusters, leveraging existing hubs and planned infrastructure to ensure sustainable and cost effective market expansion nationwide.
