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Nigeria: Edo State creates a gas company

27/03/2024
Source : ORISHAS-FINANCE
Categories: Raw materials Companies

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In an interview, the State Mining and Energy Commissioner, Enaholo Ojiefoh, reported that the Edo State Government said it had created a company, Edo Green Energy Ltd., which will be managed as a private-sector-oriented entity. eacute; and who will be dedicated to the sale of gas in the State

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The mining commissioner said that Edo Green Energy Ltd would manage the extraction, processing, storage and sale of gas in Edo. The company will be in charge of selling gas in the form of liquefied natural gas that will be converted and sold in the form of compressed natural gas (CNG). The idea according to the Commissioner is to significantly reduce the cost of transport in the state. NIPCO style="font-family: "Bookman Old Style”, "serif"> is already working on it. But the new company is going to work with existing gas stations to make conversions. This will be done by working with an existing team from the Nigeria Independent Petroleum Marketing Association. They already have gas stations all over the state,” he said.

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