Unlocking The Potential Of Compressed Natural Gas (CNG) In Nigeria: A Technical And Market Analysis

This study provides a comprehensive analysis of the potential of Compressed Natural Gas (CNG) as a viable energy alternative in Nigeria, focusing on its technical and market feasibility. Nigeria, with substantial natural gas reserves, has yet to fully exploit CNG for transportation and cooking due to infrastructure limitations, high conversion costs, and low public awareness. The analysis compares the advantages of CNG over other fuels, such as Liquefied Petroleum Gas (LPG) and diesel, highlighting its higher combustion efficiency, lower emissions, and suitability for high-compression engines. The study identifies key challenges, including infrastructure deficits and safety concerns, and proposes solutions to mitigate these barriers. The potential market for CNG in transportation and cooking sectors in Nigeria is vast, with significant cost savings and environmental benefits. Strategic initiatives, including government incentives, public awareness campaigns, and infrastructure development, are critical to unlocking the potential of CNG, positioning it as a cornerstone of sustainable energy future in Nigeria.

Authors

Publication Details

Journal
IOSR Journal of Economics and Finance
Published
2024-12-01
DOI
https://doi.org/10.9790/5933-1506034247
Primary Topic
Oil, Gas, and Environmental Issues
Type
article
Field-Weighted Citation Impact
0.00
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article

Unlocking The Potential Of Compressed Natural Gas (CNG) In Nigeria: A Technical And Market Analysis

Ahmed Adamu
IOSR Journal of Economics and Finance
Oil, Gas, and Environmental Issues
article

Unlocking The Potential Of Compressed Natural Gas (CNG) In Nigeria: A Technical And Market Analysis

Ahmed Adamu
article en

Abstract

This study provides a comprehensive analysis of the potential of Compressed Natural Gas (CNG) as a viable energy alternative in Nigeria, focusing on its technical and market feasibility. Nigeria, with substantial natural gas reserves, has yet to fully exploit CNG for transportation and cooking due to infrastructure limitations, high conversion costs, and low public awareness. The analysis compares the advantages of CNG over other fuels, such as Liquefied Petroleum Gas (LPG) and diesel, highlighting its higher combustion efficiency, lower emissions, and suitability for high-compression engines. The study identifies key challenges, including infrastructure deficits and safety concerns, and proposes solutions to mitigate these barriers. The potential market for CNG in transportation and cooking sectors in Nigeria is vast, with significant cost savings and environmental benefits. Strategic initiatives, including government incentives, public awareness campaigns, and infrastructure development, are critical to unlocking the potential of CNG, positioning it as a cornerstone of sustainable energy future in Nigeria.

IOSR Journal of Economics and FinanceVol. 15(6)
Industry, innovation and infrastructure
Openalex Percentile: Top 87%
Oil, Gas, and Environmental Issues
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