NLNG Poised to Surpass 350,000 Metric Tonnes Yearly Supply

Nigerian Liquefied Natural Gas, NLNG, can exceed its annual supply of 350, 000 metric tonnes (MT) of LPG, its Manager, Marketing and Development, Abdulkadir Ahmed, has said.

Ahmed, who gave this hint at a stakeholders’ forum in Lagos, said NLNG has not only supplied over 700,000 MT since inception, but can also exceed its annual supply of the product provided the market can absorb it.

He said the gap between the demand and supply of the product was not caused by NLNG but by institutional bottlenecks occasioned by delay at the terminals where LPG is being discharged among other factors.

Also, the President, Liquefied Petroleum Gas Association of Nigeria (LPGAN), Dapo Adesina, said NLNG could supply as much as one million tonnes of LPG, provided the market can accommodate it.

He said the occasional scarcity of LPG, otherwise known as cooling gas, in the market was not as a result of low supply from the NLNG, but delay in the delivery of the product at the terminals.

He said NLNG’s terminals were approved by the Federal Government to discharge LPG, and that two are actually providing the service.

Adesina said vessels bringing LPG to Lagos from NLNG’s base in Port Harcourt, Rivers State, were sometimes delayed for days at the terminals for one reason or the other.

He said the North Oil Jetty (NOJ) was directed by the government to give priority to Premium Motor Spirit (PMS) in order to ease fuel scarcity, noting that the issue has prevented LPG vessels from discharging their content as at when due.

Adesina said the fact that some companies are importing LPG from Niger Republic and other countries does not mean that Nigeria cannot meet local demand for the product.

 

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