Oil & Gas
By Victoria Frances
THE Nigeria LNG Limited, NLNG, has clarified that it supplied 493,000 metric tonnes of LPG into the Nigerian market in 2023.
The clarification was made in a statement by Andy Odeh, general manager, External Relations and Sustainable Development, NLNG at the weekend.
The statement reads: “NLNG has noted reports indicating that it supplies 1.5 million metric tons of Liquified Petroleum Gas, LPG, to the Nigerian domestic market.
“NLNG would like to clarify that it annually provides close to 500,000 metric tonnes of LPG to meet market demands. 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.”
3rd March, 2024.
C.E.
Tags: Nigeria LNG Limited NLNG
