Mohammed Shosanya
Nigeria LNG Limited (NLNG),says it supplied 493,000 metric tons of LPG to the domestic market in 2023.
The company delivered 498,000 metric tons in 2022 and 399,000 in 2021,it said in a statement where it said it noted reports indicating that it supplies 1.5 million metric tons of Liquified Petroleum Gas (LPG) to the Nigerian domestic market.
NLNG clarifies that it annually provides close to 500,000 metric tons of LPG to meet market demands.
It explained that,this is in pursuit of its commitment to deliver 100% of its LPG production to the domestic market, a decision made by the Company’s Board of Directors in 2022.
“In 2023, NLNG supplied 493,000 metric tons of LPG to the domestic market. In the preceding years, NLNG delivered 498,000 metric tons in 2022 and 399,000 in 2021. Currently, NLNG caters to 30% of the total LPG demand in the country which is currently estimated to be about 1.5 million metric tons.
“NLNG maintains a firm commitment to supplying LPG to the domestic market. Additionally, the Company remains focused on promoting increased gas utilisation within the country and raising awareness about the use of clean gas for cooking to mitigate health risks associated with firewood usage.
“NLNG takes pride in its role in the LPG sector, facilitating the entry of more stakeholders into the LPG value chain and encouraging investments in infrastructure development to bolster sectoral growth. This endeavour has contributed to the creation of additional employment and business opportunities in Nigeria”,it added in a statement signed by Andy Odeh,General Manager, External Relations and Sustainable Development
