Featured, Oil & Gas
By Anayo Ezugwu
THE Nigeria Liquefied Natural Gas, NLNG, has announced an increase in the company’s Liquefied Petroleum Gas, LPG, supply to the domestic market. Tony Attah, chief executive officer, NLNG, said Tuesday, September 29, that the NLNG board of directors increased the volume of domestic LPG supply from 350,000 to 450,000 metric.
Attah, who disclosed this in a live interview conducted by Frank Aigbogun, Publisher of BusinessDay, during the BusinessDay Annual Energy Series, said the company will continue to deliver on its vision of helping to build a better Nigeria by catalyzing the transition of domestic cooking fuel from the usual biomass and wood to LPG.
He said Nigeria LNG remains a major influencer in the energy sector.
“We have dedicated 350,000 metric tonnes of LPG to the market helping to raise the total consumption from the initial 70,000 tonnes in 2007 prior to NLNG getting involved. We are fully committed to delivering cleaner energy and to protect our citizens and the environment from the hazards of smoke inhalation while cooking with firewood and other sources of fuel which on record accounts for over 100,000 deaths in Nigeria, mainly women and children just trying to put food on the table.
“We are set to reverse this trend and to change the narrative with LPG, in addition to helping Nigeria preserve Forex from Kerosene importation and reducing deforestation. Also, our domestic LNG (DLNG) initiative is a deliberate effort to enhance access to a healthy, safe and cleaner energy source, which is a dire need in Nigeria today. Consistent with NLNG’s vision of helping to build a better Nigeria, the initiative will support the economic development of the country and industralisation,” he said.
According to Attah, NLNG is well positioned to support domestic gas demand and market growth through volume optimisation. He said the strategy is to deepen NLNG’s footprint and enhancement of NLNG’s relevance in the domestic market as well as to ensure local gas utilisation in line with the country’s national gas aspirations.
He noted that Nigeria has the potential for Domestic LNG to exist with credible off-takers. Attah acknowledged that the country is already exploring the possibility of LNG to Power with gas-based users across the country.
– Sept. 29, 2020 @ 19:15 GMT |
Tags: 000 metric NLNG's domestic gas supply rises to 450
