For example
CNG:
@230/L
15scm = N3,450 Naira = average of 160km travel.
LPG/Autogas:
@ N1,000/kg
15kg = N15,000 = avg of 168KM travel.
Petrol:
@600/L or so...
21litres = #12,957 = 168Km travel
I think this will also help Nigerians in the cost savings For the same distance covered (i.e 168km).
When compare prices of Petrol - LPG - CNG:
N12,957 : N15,000 : N3,450 respectively.
The calculation for the cost per kilometer for both CNG and petrol is based on the fuel efficiency of the vehicle (how far the vehicle travels on one unit of fuel) and the cost per unit of fuel.
Here’s how the calculations break down for CNG and petrol:
1. CNG Cost per Kilometer
To calculate the cost per kilometer for CNG:
- Fuel efficiency of CNG: Let's assume the vehicle covers 18-20 kilometers per cubic meter (m³) of CNG.
- CNG price: The price of CNG in Nigeria is around ₦250-300 per cubic meter.
Formula:
• Cost per kilometer (CNG) = Price per cubic meter (₦) / Kilometers per cubic meter (km/m³)
Example Calculation:
- If the vehicle covers 20 km per cubic meter, and CNG costs ₦250 per cubic meter:
Cost per kilometer (CNG) = ₦250 by 20 km
= ₦12.5 per kilometer
- If the vehicle covers 18 km per cubic meter, and CNG costs ₦300 per cubic meter:
Cost per kilometer (CNG) = ₦300 by 18 km
= ₦16.67 per kilometer
So, depending on the vehicle efficiency and the cost of CNG, the cost per kilometer will be in the range of ₦12.5 to ₦16.67 per kilometer.
2. Petrol Cost per Kilometer
To calculate the cost per kilometer for petrol:
- Fuel efficiency of petrol vehicles: Let's assume the vehicle covers 10-12 kilometers per liter of petrol.
- Petrol price: Let's say the price of petrol in Nigeria is currently around ₦617 per liter.
Formula:
• Cost per kilometer (Petrol) = Price per liter (₦)\Kilometers per liter (km/L)
Example Calculation:
- If the vehicle covers 12 km per liter, and petrol costs ₦617 per liter:
Cost per kilometer (Petrol) = ₦617 by 12 km
= ₦51.4 per kilometer
- If the vehicle covers 10 km per liter, and petrol costs ₦617 per liter:
Cost per kilometer (Petrol) = ₦617 by 10 km
= ₦61.7 per kilometer
So, depending on the vehicle converted and the price of petrol, the cost per kilometer will be in the range of ₦51.4 to ₦61.7 per kilometer.
Comparison Summary
- CNG: ₦12.5 to ₦16.67 per kilometer
- Petrol: ₦51.4 to ₦61.7 per kilometer
This shows that CNG is much cheaper per kilometer than petrol, which makes it a more economical option for daily commuting or shorter trips in Nigeria.