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Nigeria gets closer to self-sufficiency in Liquefied Petroleum Gas production

Business

Nigeria gets closer to self-sufficiency in Liquefied Petroleum Gas production

By magic

December 23, 2020

President Muhammadu Buhari says Nigeria is getting closer to self-sufficiency in Liquefied Petroleum Gas production (LPG).

The President stated this on Tuesday while commissioning the Integrated Gas Handling Facility and LPG Processing and Dispensing Plants built and operated by the Nigerian Petroleum Development Company, an Upstream Subsidiary of NNPC in Oredo, Edo State.

He said the Oredo Integrated Gas Handling Facility and its associated NGLs depot will be delivering 240,000 metric tons of commercial-grade Liquefied Petroleum Gas and Propane.

The President explained that apart from being the largest onshore LPG plant in Nigeria with the potential of supplying about 20% of Nigeria’s LPG demand, the Oredo Integrated Gas Handling Facility was carefully situated at a corridor proximate to over 80% of Nigeria’s LPG demand source.

He noted that the project was a follow-up to the commitment of the administration towards making the Year 2020 as Nigeria’s Year of the Gas.