A Review of the Nigerian Energy Industry

DPR, Banner Energy to collaborate with Kenya in LPG sector

17 February 2015, Abuja – The Department of Petroleum Resources (DPR) and Banner Energy Limited have pledged collaboration with the National Oil Corporation of Kenya in the Liquefied Petroleum Gas (LPG) sector.

cooking gasSpeaking when the Managing Director of Banner Energy Limited, Mr. Nuhu Yakubu led an eight-man delegation from the National Oil Corporation of Kenya to the DPR headquarters in Lagos recently, DPR’s Manager in charge of Gas Production and Flare Monitoring, Mr. Anthony Konwea assured the team that the regulatory agency would be ready to collaborate with them to deepen the LPG sector in both countries.

Konwea also told the eight-staff member of the various agencies representing the National Oil Company of Kenya that Nigeria has a robust Petroleum Act that governs the oil and gas industry, including the LPG sub-sector and urged the East African country to explore opportunities for mutually-beneficial collaboration between the two countries.

In his remark during the meeting between the eight-man team and DPR officials, Yakubu stated that Banner Energy is an investor in the LPG sector, exploring for investment opportunities in Nigeria and other countries in Africa.
“Banner is an energy business development management company, with expertise in LPG delivery and trading, infrastructure development, power generation, gas system engineering, procurement, installation, maintenance, bulk and retail gas trading. Banner is playing host to the eight-man delegation from the National Oil Corporation to Nigeria,” he said.

Yakubu stated that the pivot of the visit was to enable the team from Kenya to understand and familarise with the LPG industry in Nigeria, taking Banner Gas network of LPG plants across Nigeria as a case study.

Also speaking, some of the members of the Kenyan delegation stated that they decided to visit DPR, being the technical regulator of the Nigeria’s oil and gas industry, so as to familiarise themselves with the regulations and process governing the LPG industry in Nigeria.

They also pledged to explore areas of collaboration with Banner Energy and the country’s regulator authority.

The Kenyan team and officials of Banner Energy also visited the Standards Organisation of Nigeria (SON) to acquaint themselves with the issues of standards and quality in Nigeria’s LPG sector.

Banner Energy has many local and international partners, including FAS Flussiggas-Anlagen GmbH, Salzgitter of Germany, one of the leading manufacturers and suppliers of LPG fittings and components in Europe.

The company is an efficient partner of Banner Energy Limited on a high standard, and supply essential components for tank trucks and stationary plants – fittings for pipelines, valves for tanks, pumps and others.



– This Day

In this article

Join the Conversation