The ex-depot price of Liquefied
Petroleum Gas (LPG) popularly called cooking gas is set to crash by about 20
per cent in the next few weeks, Managing Director of Nigerian Liquefied Natural
Gas, NLNG, Mr. Tony Attah has said.
He gave this cheering news during
a facility tour of some LPG plants in Lagos yesterday.
He disclosed that dearth of
infrastructure at jetties remained a factor responsible for skyrocketing prices
of LPG.
This is coming barely one week
after the price of automotive gas oil (AGO), also known as diesel, crashed
to as low as N155/litre in some fuel stations around the country.
According to the NLNG boss, N150
million intervention has been set aside for the rehabilitation of three jetties
in Apapa, including Petroleum Wharf Apapa (PWA), New Oil Jetty (NOJ) and Bulk
Oil Platform (BOP).
He maintained that as part of
NLNG’s constant advocacy on helping to build a better Nigeria, it was focusing
on more supply of LPG in a bid to deepen its usage in the country, lamenting
that over 100,000 women die yearly from inhalation of smoke from dirty fuels.
‘‘At NLNG, we stay committed to the development of Nigeria. So as part of our vision of helping to build a better Nigeria, we focus on energy, by helping to bring efficient energy into the country.Click to signup for FREE news updates, latest information and hottest gists everyday
“In 2007, when there was a shortage of LPG in the market, NLNG intervened and we are glad to say that as a result of NLNG’s intervention, volume consumed has scaled up to over 250,000 tonnes and we are looking to scale the volume up more as the company has set aside 350,000 tonnes for the market,’’ he said.
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