Port Harcourt — The Nigeria LNG Limited has said that shortage of terminal facilities and jetty infrastructure were major reasons behind the high cost of cooking gas in the country.
To this end, the gas multinational has called for massive investments in Domestic Liquefied Petroleum Gas, particularly in terminal facilities outside Lagos, which could receive commercial volume of LPG directly from Bonny.
Managing Director of NLNG, Dr. Philip Mshelbila, speaking in Port Harcourt recently,
explained that aside StockGap Fuels, NLNG was currently unable to supply to other facilities in the South-South, due to absence of coastal terminals.
Mshelbila put domestic gas consumption at 1.2million metric tons, out of which he said NLNG produces 400,000 metric tonnes, which was about 40percent of local market requirements.
He further disclosed that his company intends to increase supply by removing factors limiting its capacity utilisation to between 60 to 70percent.
“Shortage of jetty infrastructure especially outside Lagos is a major challenge in delivery of LPG to the Nigerian market.
“Sometimes vessels wait for weeks before they can discharge their content due to limited storage capacity along the coast.”
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