NLNG suspends cooking gas export, channels 100% to domestic market

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The Nigeria LNG Limited announced on Thursday that its board of directors had approved the supply of 100 per cent of the Liquefied Petroleum Gas (butane and propane) produced by the company to the Nigerian market.

The NLNG said in a statement that it would prioritise the domestic market for 100 per cent of its butane production.The company said it had developed a scheme to sustainably supply propane for usage in cooking gas blending as well as in agro-allied, autogas, power and petrochemical sectors of the Nigerian economy to further deepen gas utilisation in the country.

According to the statement, the NLNG is currently the highest single supplier of LPG into the domestic market, with an estimated 400,000 metric tonnes supplied in 2021.

 

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The price should come down

It's better you do the right thing exporting what isn't enough

Will this push the price down?

Good news. They should just lower the price.

ok since when?

Ineffective Management. Failure to plan. At a time we r in doldrums when we need d money, govt company can’t meet export demands nor satisfy local demand. Use to doubt d validity of asking if operatives r afflicted with mental illness but evidence abounds of begging mentality

Will that bring down the price? No.

This is a good one.

I hope it reflects in price reduction

Iam_ogomzz

Better for us because we cannot be suffering from what we have at our backyard why people else where are enjoying it

Better ooooo

So we were exporting gas and still importing gas?

Gas fit begin burn people now o 👀

Gas wey never reach us finish, una dey export am. Mtwwee🙄

Good

That's good news,more wisdom from fgn.

The suspension should bring about a huge deduction in the price of the product.

A proper thing to do. I guess this will cause a reasonable cost effect.

I wonder what the poor are passing through right now. So unfortunate please get your pvc ready before 2023

Good

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NLNG: We'll supply 100% of LPG production to domestic market | TheCableThe Nigeria Liquefied Natural Gas (NLNG) Ltd has approved the supply of 100 percent of its liquefied petroleum gas (LPG) production -- propane and butane -- to the Nigerian market. Strategy. But all good. U can't change a determined mind. We dey wait. As with other promises this government has made, seeing is believing Too much talk adminstration, No action. Are you guys not tired of Propaganda.
Herkunft: thecableng - 🏆 2. / 80 Weiterlesen »

NLNG to supply 100% of its cooking gas to domestic market | The Guardian Nigeria News - Nigeria and World NewsTo address supply gaps in the domestic market for liquefied petroleum gas (LPG), otherwise known as cooking gas, the Nigeria LNG Limited (NLNG), has said it will supply 100 per cent of its LPG production .. Why exporting cooking gas in first place when domestic supply is not enough.
Herkunft: GuardianNigeria - 🏆 1. / 94 Weiterlesen »