Home NLNG reacts to false reports regarding supply of LPG to Nigerian market

NLNG reacts to false reports regarding supply of LPG to Nigerian market

Share
NLNG Logo
Share

By Chioma Obinagwam

Nigeria LNG Limited (NLNG) has noted reports indicating that it supplies 1.5 million metric tons of Liquified Petroleum Gas (LPG) to the Nigerian domestic market.

NLNG told Confiance News on Saturday.

“NLNG would like to clarify that it annually provides close to 500,000 metric tons of LPG to meet market demands. This is in pursuit of its commitment to deliver 100% of its LPG production to the domestic market, a decision made by the Company’s Board of Directors in 2022,” NLNG clarified.

According to a statement by the company, in 2023, NLNG supplied 493,000 metric tons of LPG to the domestic market. In the preceding years, NLNG delivered 498,000 metric tons in 2022 and 399,000 in 2021. Currently, NLNG caters to 30% of the total LPG demand in the country which is currently estimated to be about 1.5 million metric tons.

 

NLNG maintains a firm commitment to supplying LPG to the domestic market. Additionally, the Company remains focused on promoting increased gas utilisation within the country and raising awareness about the use of clean gas for cooking to mitigate health risks associated with firewood usage.

NLNG takes pride in its role in the LPG sector, facilitating the entry of more stakeholders into the LPG value chain and encouraging investments in infrastructure development to bolster sectoral growth. This endeavour has contributed to the creation of additional employment and business opportunities in Nigeria.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Member

Don't Miss

Recapitalisation Without Transformation is a Risk Nigeria Cannot Afford

By Blaise Udunze In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As the deadline for...

What the US–Iran War Means for Everyday Nigerians

By Chioma Obinagwam On a Tuesday morning in Ajegunle, a low-income neighbourhood in Lagos, Mama Bisola Balogun stared at the empty cooking gas...

Related Articles

Recapitalisation Without Transformation is a Risk Nigeria Cannot Afford

By Blaise Udunze In barely two weeks, Nigeria’s banking sector will once...

What the US–Iran War Means for Everyday Nigerians

By Chioma Obinagwam On a Tuesday morning in Ajegunle, a low-income neighbourhood...

The price has changed again: How Nigeria’s inflation crisis is dismantling lives

By Chioma Obinagwam It is 5:47 in the morning at Mile 12...

NGX Group, IFC and WIMBIZ drive women’s financial inclusion at IWD 2026 ceremony

By Chioma Obinagwam Nigerian Exchange Group Plc (NGX Group), in partnership with...

This website stores cookies on your computer. These cookies are used to provide a more personalized experience and to track your whereabouts around our website in compliance with the European General Data Protection Regulation. If you decide to to opt-out of any future tracking, a cookie will be setup in your browser to remember this choice for one year.

Accept or Deny