The Nigeria Liquefied Natural Gas (NLNG) Limited, has seen an increase in consumption of Liquefied Petroleum Gas (LPG) or cooking gas from 50,000 metric tonnes in 2007 to one million metric tonnes in 2020.
Following the seeming rise and determination of the federal government to commercialise gas utilisation, the NLNG, promised to increase its allocation of LPG, to the domestic market from 350, 000MT to 450, 000MT by 2021.
The NLNG said the move was aimed at supporting the federal government’s plan to deepen LPG penetration in Nigeria.
The managing director, NLNG, Mr Tony Attah, made the announcement recently during a webinar organised by the Oil and Gas Group of the Nigerian-British Chamber of Commerce (NBCC), with the theme: “Oil and Gas Downstream and Midstream Sectors: The Way Forward.”
Attah said, with Nigeria being a gas country with a proven reserve of 203TCF, it was time to use the product to drive the nation’s human capacity development and economic growth.
He said the declaration of the year 2020 as the Year of Gas by the federal government was not sufficient, stressing that a decade should be dedicated to the utilisation of gas to transform the country.
According to him, the desire of the NLNG to deepen LPG penetration in Nigeria is aimed at creating a healthy life for Nigerians by giving them access to a clean source of energy for cooking. “In 2007, the total consumption of LPG in Nigeria was about 50, 000MT.
Attah said this would help create jobs for Nigerians and help to reposition the nation’s economy following the challenges caused by the COVID-19 pandemic. He said the world was moving toward cleaner energy sources, adding that, gas would afford Nigeria the opportunity to become a key player in the energy transition mix.