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NLNG Supplied 493,000 Metric Tons Of LPG Into Nigerian Market

NLNG Supplied 493,000 Metric Tons Of LPG Into Nigerian Market

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Nigeria LNG Limited (NLNG) said it annual supply of Liquefied Petroleum Gas to the Nigerian domestic market is in the region of 500,000 metric tonnes.

This, NLNG said was contrary to some claims of 1.5million metric tons claims in some report.

NNLNG therefore said it would like to clarify that it annually provides close to 500,000 metric tons 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.

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