Setting up a CNG (Compressed Natural Gas) conversion business in Nigeria involves several requirements and government agencies that oversee the process. Here are the general steps and agencies you should consider:
1. Business Registration: Register your business with the Corporate Affairs Commission (CAC) to establish its legal identity.
2. Licensing: Obtain necessary licenses and permits from relevant authorities, such as the Department of Petroleum Resources (DPR).
3. Location: Choose a suitable location for your CNG conversion station, ensuring compliance with zoning and safety regulations.
4. Safety Standards: Comply with safety standards and guidelines set by DPR and other relevant regulatory bodies.
5. Equipment and Technology: Invest in the required CNG conversion equipment and technology that meet industry standards.
6. Environmental Impact Assessment: Depending on your project’s size and location, you may need to conduct an Environmental Impact Assessment (EIA).
7. Gas Supply: Ensure a reliable source of natural gas supply, which may require engagement with the Nigerian Gas Company or other suppliers.
8. Taxation and Financial Compliance: Register for tax purposes and ensure financial compliance with the Federal Inland Revenue Service (FIRS).
9. Training and Certification: Ensure that your staff is trained and certified for safe CNG conversion operations.
10. Partnership with Stakeholders: Collaborate with relevant industry stakeholders, such as the Nigerian Content Development and Monitoring Board (NCDMB).
11. Regulatory Approvals: You would typically need to obtain regulatory approvals from various government agencies. The specific requirements and authorities might have changed, so it’s important to verify the latest information. However, as of 2021, the Department of Petroleum Resources (DPR) was the primary regulatory authority responsible for granting licenses for downstream petroleum operations, including CNG
