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.
Cite
CITATION STYLE
Adamu, A. (2024). Unlocking The Potential Of Compressed Natural Gas (CNG) In Nigeria: A Technical And Market Analysis. IOSR Journal of Economics and Finance, 15(6), 42–47. https://doi.org/10.9790/5933-1506034247
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