NNPC, PayGas sign MoU to boost LPG usage in rural areas

The Nigerian National Petroleum Company Limited says it has signed a memorandum of understanding with PayGas, a South African company, to support the use of affordable liquefied petroleum gas in rural areas across the country.

According to a statement by the national oil company on Friday, Huub Stokman, the managing director of NNPC Retail Limited, and Philippe Hoeblichthe, chief executive officer and co-founder of PayGas, signed the MoU on behalf of both companies. “On Friday, NNPC Retail Limited held a strategic business meeting with a delegation from PayGas and the Oil Sustainability Programme , Saudi Arabia, to enhance the use of affordable clean cooking fuel in semi-rural areas across the country,” NNPC said.

“The NRL management led the delegation on a site inspection of proposed locations for Micro-Filling plants in various semi-rural areas.“Following the successful meeting, the Managing Director of NNPC Retail Ltd., Huub Stokman, and the CEO and Co-founder of PayGas, Philippe Hoeblich, signed a Memorandum of Understanding on June 21, 2024, to formalise the partnership.”

The collaboration, NNPC said, intends to rapidly deploy micro-filling plant solutions using modern technology to make LPG accessible and affordable in rural areas — empowering people to pay as they refill gas.Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

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