Nigeria’s leading indigenous energy trading company, Hyde Energy, has proffered strong recommendations on making Liquefied Petroleum Gas affordable and available in Nigeria, suggesting that the sector needs significant investments in infrastructure. This was discussed at the just concluded 2nd West Africa LPG Expo & NLPGA Summit 2022 held in Lagos themed: “Energizing the Future: LPG as a Sustainable Fuel in African Economies.
The first day of the two-day conference featured a panel discussion where the Chief Executive of Hyde Energy, Oladimeji Edwards, encouraged more collaboration amongst relevant stakeholders in the industry to develop necessary measures that can improve infrastructural development in the sector to reduce the cost of LPG and increase supply
He further revealed that for infrastructural development to come into place, there is a need for all hands to be on deck and show the will to make it happen. Stating that Nigeria has tremendous gas deposits but there is inadequate infrastructure around gas resources, “to reduce imports, adequate investment is required. Gas suppliers are importing LPG, paying in U.S.
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Source: GuardianNigeria - 🏆 1. / 94 Read more »