AsheNews

Top Menu

  • Advert Rates

Main Menu

  • Home
  • General News
  • AGRICULTURE
  • Business/Banking & Finance
  • Entertainments & Sports
  • HEALTH
  • International
  • Investigation
  • Law & Human Rights
  • Advert Rates

logo

Header Banner

AsheNews

  • Home
  • General News
  • AGRICULTURE
  • Business/Banking & Finance
  • Entertainments & Sports
  • HEALTH
  • International
  • Investigation
  • Law & Human Rights
  • Zamfara: 34,000 vulnerable persons have access to free healthcare – Governor

  • VIEWPOINT: Moral decadence and where parents, guardians’ faults lie

  • NDLEA arrests 104 suspects, dismantles `notorious’ drug joints in Kaduna 

  • Researchers discover 35 people infected with new ‘henipavirus’ in China

  • 2023: Niger APC will place more priority on workers’ welfare

GENERAL NEWS
Home›GENERAL NEWS›NLNG to supply 100% LPG production to Nigerian market

NLNG to supply 100% LPG production to Nigerian market

By Editor
January 13, 2022
238
0

The Board of Directors of Nigeria LNG Ltd. (NLNG) has approved the supply of 100 per cent of the company’s LPG production (propane and butane) to the Nigerian market.

The NLNG made this known in a statement issued by Mr Andy Odeh, General Manager, External Relations and Sustainable Development, on Thursday in Lagos.

The statement said NLNG would prioritise the domestic market with 100 per cent of its butane production, otherwise known as cooking gas.

It said the milestone was coming just three months after the company supplied its first propane cargo into the domestic market.

The statement said NLNG had developed a scheme to sustainably supply propane for usage in cooking gas blending as well as in agro-allied, autogas, power and petrochemical sectors of the Nigerian economy.

According to the statement, this will further deepen gas utilisation in Nigeria.

The company said these initiatives were designed to increase LPG availability in Nigeria, diversifying its uses and support the Federal Government’s Decade of Gas initiative.

The statement added that NLNG was currently the highest single supplier of LPG into the domestic market, with an estimated 400,000 metric tonnes supplied in 2021.

Speaking on the development, the Chief Executive Officer of NLNG, Dr Philip Mshelbila, said the announcement marked the company’s strong commitment to the continued growth of the domestic LPG market.

Mshelbila said it also showed the company’s passion to increase utilisation of one of the most versatile energy sources in the world.

He said the company was inclined toward helping to build a strong economy based on the gas resources that Nigeria is abundantly blessed with.

Mshelbila noted that natural gas could help drive the economy by providing cooking gas for homes, supporting industrialisation, powering mobile cell sites and complex transportation systems.

He added that it could also impact food supply through its usage for fertiliser production and increasing power supply to both homes and industries while reducing the country’s carbon footprint.

Mshelbila said: “Committing 100 per cent of our LPG supply is a major milestone in our journey of domestic gas supply.

“We supplied our first Butane (LPG) cargo into the domestic market in 2007, which helped to develop over the years the LPG industry in Nigeria from less than 50,000 tonnes to over one million tonnes market size annually by the end of 2020.

“In 2021, we increased our LPG supply commitment from 350,000 metric tonnes (or 28 million 12.5kg cylinders) to actual delivery of 400,000 metric tonnes (or 32 million 12.5kg cylinders), thereby directing most of our production into the domestic market.

“But this was not enough for NLNG, hence this commitment to do all that we possibly can and supply 100 per cent of our LPG production to the domestic market.”

The NLNG is an incorporated joint-venture owned by four shareholders.

They are: the federal government of Nigeria, represented by Nigerian National Petroleum Corporation (49 per cent), Shell Gas B.V. (25.6 per cent), Total Gaz Electricite Holdings France (15 per cent), and Eni International N.A. N. V. S.àr.l (10.4 per cent).

TagsLPGNLPGProduction
Previous Article

UK PM fights for political survival after ...

Next Article

Buhari inaugurates 200 operational vehicles for Nigeria ...

Editor

Related articles More from author

  • GENERAL NEWSOIL & GAS/MINERAL RESOURCES

    Average price of 5kg cooking gas increases to N3,921.35 – NBS

    June 19, 2022
    By NewsDesk
  • GENERAL NEWSOIL & GAS/MINERAL RESOURCES

    We’ll crash cooking gas prices through supply – NNPC

    December 14, 2021
    By NewsDesk
  • GENERAL NEWSOIL & GAS/MINERAL RESOURCES

    Nigeria: Why govt won’t ban gas cylinder imports now

    June 27, 2021
    By Editor
  • GENERAL NEWSOIL & GAS/MINERAL RESOURCES

    LPG: Nigeria to open micro distribution channels across 774 LGAs

    April 10, 2021
    By Editor
  • GENERAL NEWSPRESIDENCY

    Fossil fuels investment: Osinbajo expresses concern over wealthy nations’ restriction 

    December 8, 2021
    By NewsDesk
  • GENERAL NEWSOIL & GAS/MINERAL RESOURCES

    Price hike: Invest massively in cooking gas, Experts urges Nigerian govt

    October 28, 2021
    By Abdallah el-Kurebe

Leave a reply Cancel reply

You may interested

  • GENERAL NEWSPOLITICS

    2023: SEP president emphasizes on team work for success

  • GENERAL NEWSTRANSPORTATION/TRAVEL

    Deep Blue Project equipment will be ready by March 2021 – Amaechi

  • GENERAL NEWSPOLITICS

    2023: APC reschedules its guber primaries to May 26

Latest News

  • August 10, 2022

    Zamfara: 34,000 vulnerable persons have access to free healthcare – Governor

  • August 10, 2022

    VIEWPOINT: Moral decadence and where parents, guardians’ faults lie

  • August 10, 2022

    NDLEA arrests 104 suspects, dismantles `notorious’ drug joints in Kaduna 

  • August 10, 2022

    Researchers discover 35 people infected with new ‘henipavirus’ in China

  • August 10, 2022

    2023: Niger APC will place more priority on workers’ welfare

Latest Comments

  • Aliyu Buba Maigoro
    on
    April 3, 2022
    The unfortunate thing is, does your votes count?!

    NULGE TO NIGERIANS: Don’t re-elect governors opposing LG autonomy

  • mubashshir Muhammad sani
    on
    March 22, 2022
    Good news

    FAAC: Federal, states, local governments share N590.546bn as February allocation 

  • AA Sadeeq
    on
    March 16, 2022
    And the US and all its political leaders?

    Biden changes stance, calls Putin ‘a war criminal’

  • Umar Ahmad
    on
    March 12, 2022
    What the USA refused to happen to her in 1960s, she is now trying to force ...

    Russia-Ukraine War: Why Nigerian govt must ban maize exports – Dangote

  • mohammad abubakar kudu
    on
    March 11, 2022
    Very good and updated reports..

    How governors spend security votes, NGF chairman, Fayemi reveals

About us:

ASHE (Pronounced ASH) is an acronym for Agriculture, Science, Health and Environment. Ashenewsonline brings to you news focused in these as well as Politics, Business, Economy and all other aspects of human endeavour.

We are here to feed into Nigeria’s news service chain as a frontier source for citizens journalism. Beyond mentioning, Ashenewsonline encourages people to provide story tips on human rights abuses, corruption, good governance, etc.

Contact Info:

  • No. 5, Maiduguri road 1st floor, Dogon Daji House, Sokoto
  • 07031140009
  • ashenewsonline@gmail.com
  • Recent

  • Popular

  • Comments

  • Zamfara: 34,000 vulnerable persons have access to free healthcare – Governor

    By NewsDesk
    August 10, 2022
  • VIEWPOINT: Moral decadence and where parents, guardians’ faults lie

    By Editor
    August 10, 2022
  • NDLEA arrests 104 suspects, dismantles `notorious’ drug joints in Kaduna 

    By NewsDesk
    August 10, 2022
  • Researchers discover 35 people infected with new ‘henipavirus’ in China

    By NewsDesk
    August 10, 2022
  • Nigeria says 3,598 cholera deaths in 2021 unacceptable

    By Editor
    January 11, 2022
  • Nigeria’s apex bank governor tasks rice millers on FOREX, employment

    By NewsDesk
    February 2, 2022
  • COLUMN: The Craze for Easy Money in Nigeria and The Hanifa Story, By Prof. M ...

    By NewsDesk
    February 6, 2022
  • How governors spend security votes, NGF chairman, Fayemi reveals

    By NewsDesk
    March 11, 2022
  • Aliyu Buba Maigoro
    on
    April 3, 2022

    NULGE TO NIGERIANS: Don’t re-elect governors opposing LG autonomy

    The unfortunate thing is, ...
  • mubashshir Muhammad sani
    on
    March 22, 2022

    FAAC: Federal, states, local governments share N590.546bn as February allocation 

    Good news
  • AA Sadeeq
    on
    March 16, 2022

    Biden changes stance, calls Putin ‘a war criminal’

    And the US and ...
  • Umar Ahmad
    on
    March 12, 2022

    Russia-Ukraine War: Why Nigerian govt must ban maize exports – Dangote

    What the USA refused ...

Photostream

    Follow us

    © Copyright ASHENEWS. All rights reserved. Digital materials on this website may not be published, reproduced, rebroadcast, rewritten or redistributed in whole or in part without prior express written permission from PenPlus Media Consults Ltd, Publishers of AshenewsDaily.com | Powered by Growsyn Cloud Platform