A Review of the Nigerian Energy Industry

‘Africa, Asia to account for 90% of global LPG consumption‎’

Kunle Kalejaye 30 October 2014, Sweetcrude, Miami, Florida – There are indications that 90 percent of the world’s demand for Liquefied Petroleum Gas, LPG, will come from Africa and Asia in the next 25 years.

One of the indices for this growth is the increased discoveries of oil and gas in some parts of  Africa and the increasing number of emerging mega cities.

Gas cylinder manufacturingMr. Adebayo Ibirogba of the Nigeria National Petroleum Corporation, NNPC, who gave this hint at the ongoing 27th World Liquefied Petroleum Gas Forum in Miami, Florida, USA, said that demographic change will fuel the demand.

He ‎explained that 90 percent of the demand for LPG will come from China, India, Egypt, Liberia, South Africa and Nigeria, noting that there is an increase of mega cities mentioned in these regions.

“30 years ago, we had only two mega cities in the world which was New York and Tokyo, but today we have 40 of them.

“Rural dwellers are moving to urban centres and these mega cities will required a lot of strong use of energy for infrastructure development, housing transportation etc,” he said.

Ibirogba who is also Vice President of WPGA ‎urges Nigeria to adapt the Brazilian model of LPG promotion.

He noted that Brazil was able to create more than 350,000 jobs ‎by providing LPG to every Brazilian home

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