15 January 2018, Sweetcrude, Lagos — The Managing Director of Nipco Plc, Sanjay Teotia, has said the company hopes to promote more consumption of Liquefied Natural Gas, LPG in Nigeria in 2018 and beyond.
Teotia disclosed this in his New Year message to the staff of the company.
Nipco currently has the largest gas storage outfit in Nigeria.
According to him, the firm will use the opportunity to enhance access to the product through “flawless operations” with the view to aligning with the Federal Government’s policy to revitalise domestic cooking gas use across the country.
“Our depot will continue to be a major player in ensuring unfettered access to petroleum products at market friendly rates,” he added.
The Nipco boss also promised to build the company’s corporate social responsibility programmes in its host communities through series of sponsorship school programme in Apapa LGA, Lagos, and other parts of Lagos and Nigeria.
The Nigerian Liquefied Natural Gas Ltd, NLNG, had been the only company operating in the cooking gas business prior to Nipco’s entry into Nigeria in 2009.
Last year, the company expanded its gas project, making it the owner of the biggest LPG plant in Nigeria.
Also last year, in its bid to making cooking gas accessible to more people, the company hinted of its readiness to partner with the federal government.
As a result, the company embarked on presentation of LPG accessories such as gas cylinders and burners to public school administrators and some head teachers, as a way of encouraging the use of gas as domestic cooking fuel.