Prospects for Nigeria in CNG, LPG applications in vehicles, industries
The outlook for natural gas has shown that demand for the commodity is set to rise as new gas infrastructure across value chains will support the rise in traded gas flows.
NALPGAM condemns installation of LPG skids at filling stations
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has raised the alarm over what it describes as the indiscriminate installation off Liquefied Petroleum Gas skids at fillings stations across he country.
‘Nigeria’s LPG market is one of fastest growing globally’
Nigeria Liquefied Petroleum Gas Association (NLPGA) says that in the past 10 years the sector has increase by 1,000 per cent to become one of the fastest growing LPG markets in the world. Speaking at NLPGA Conference in Abuja, the president of the association, Nuhu Yakubu, said that the association was pulling mostly private capital…
African marginal producers urged to leverage opportunities
Chairman, Green Energy International Ltd., Prof. Anthony Adegbulugbe, has said marginal oil field producers in Africa must leverage unique opportunities in the oil and gas business to survive.
Forex, infrastructural constraints worsen Nigeria LPG market woes
The continuous rise in the price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas in Nigeria, may continue for a while if challenges relating to foreign exchange, infrastructure, and planning are not addressed now.
Era of VAT charges on LPG almost gone, says PPMC
In line with the Federal Government’s aspirations to increase local consumption of Liquefied Petroleum Gas (LPG) in the country, Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has disclosed plans by the government to remove the existing value added tax (VAT) on LPG sourced locally. The company’s Executive Director,…
LPG, kerosene consumer prices drop year-on-year
Consumer prices of Liquefied Petroleum Gas (LPG/cooking gas), and national Household Kerosene dropped year-on-year in tandem with the declining inflation level in the Nigerian economy. The average price for the refilling of a 5kg cylinder of LPG, according to latest data from the National Bureau of Statistics (NBS), decreased by 8.17 per cent year-on-year to…
NCDMB to revitalise shut LPG plant to save 1,000 jobs
The Nigerian Content Development and Monitoring Board (NCDMB) would revamp the shut Liquefied Natural Gas (LPG) plant to save about 1,000 jobs. This comes as the NCDMB applauds the Nigeria LNG Limited (NLNG) for awarding the contract for the provision of a new build Liquefied Petroleum Gas (LPG) ship to a fully indigenous company,…
Sahara Gas boosts LPG availability with 7,000MT delivery to Nigeria
MT Sahara Gas, the newly built vessel acquired by the West Africa Gas Limited (WAGL), has delivered 7,000 metric tonnes (MT) of Liquefied Petroleum Gas (LPG), in its historic maiden voyage to Nigeria, to boost availability and safe access to the commodity widely referred to as cooking gas. WAGL is a Joint Venture (JV) between Nigerian…
NLNG to receive 23,000 cubic metres new LPG vessel in 2020
Barring any unforeseen circumstances, the Nigeria LNG Limited (NLNG) will take delivery of 23,000 cubic metres new vessel in 2020, to boost volume and supply of Liquefied Petroleum Gas (LPG) in the country.
Abandoned investments threaten future oil sector demand
Though the price of crude oil has maintain a steady increase in the last six months, for the members of Organisation of the Petroleum Exporting Countries...
DPR to release new guidelines for LPG operations in Nigeria
The Department of Petroleum Resources (DPR), has unveiled plans to release new guidelines to govern Nigeria’s Liquefied Petroleum Gas (LPG) sector. To achieve this, DPR will embark on stakeholders’ engagement in the LPG industry with a view to fashioning new guides on life threatening issues being taken for granted by operators in the industry.…