A Review of the Nigerian Energy Industry

Nigeria imports 23mt of LPG from Argentina

Nigeria imports 23mt of LPG from ArgentinaIke Amos

05 January 2019, Sweetcrude, Abuja — Nigeria imported 23.2 million metric tonnes of Liquefied Petroleum Gas, also known as cooking gas, from Argentina in December 2018.

According to data released by the Petroleum Products Pricing Regulatory Agency, PPPRA, this is part of the overall 42.09 million metric tonnes of LPG imported by the country during the month.

According to the PPPRA in its ‘LPG Vessel Receipt and Discharge Data for December 2018’, product from Argentina represented 26.61 per cent of total LPG supplied in the period under review.

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Import from other destinations, including the United States, stood at 18.89 million metric tonnes, representing 21.67 per cent of total LPG supplied in the country in the month under review.

The PPPRA disclosed that while the country imported 48.27 per cent of total LPG supplied in the country in the month under review, total LPG supplied was 87.19 million, both from domestic and foreign sources.

Of the total 87.19 million metric tonnes of LPG supplied in the country in December, 48.27 per cent came through import, while 51.7 per cent was sourced from both local and unlisted sources.

Furthermore, from local sources, the PPPRA report noted that 34.38 million metric tonnes of LPG was supplied by the Nigerian Liquefied Natural Gas Company, NLNG, from its Bonny terminal, representing 39.4 per cent of total LPG supplied in the month under review.

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Two unlisted sources accounted for 3.86 million metric tonnes and 6.86 million metric tonnes of LPG, bringing their combined supplies to 10.72 million metric tonnes, representing 12.3 per cent of total LPG supplied in the month.

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