Nigeria LNG Limited (NLNG) says it is committed to 100% of its liquefied petroleum gas (LPG) production to the domestic market to support the growth of LPG utilisation in the country.
NLNG deputy managing director Olalekan Ogunleye said on Thursday that the company’s stance will also help reduce the health, safety and environmental risks associated with the use of other domestic fuel sources.
Ogunleye made the statement at the 2nd West Africa LPG Expo and NLPGA Summit.
He said LPG domestic consumption in the country has increased by 300%, from about 60,000 metric tonnes in 2007 to over one million metric tonnes in 2020.
Ogunleye said, “Since the start of the Domestic LPG Supply Scheme in 2007, NLNG has consistently increased both its reserved volumes for the domestic market and actual LPG volumes supplied. NLNG intends to maintain this steady growth and supply contribution to the domestic market, consistent with its vision of “helping to build a better Nigeria. Deliveries continue to be made through NLNG’s chartered LPG Vessel, entirely dedicated to delivering the product to Nigeria to underpin the scheme and ensure a steady supply of products without disruption.
“NLNG continues to invest in supply logistics, infrastructure and security to ensure product supply. It has made financial contributions towards refurbishing LPG receiving terminals in Lagos. By so doing, it has made a significant economic impact on business development and the creation of employment opportunities.”
