• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NLNG To Sustain 100% Deployment Of LPG Production To Domestic Market

by Chika Izuora
3 years ago
in Business
NLNG
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria LNG Limited has reiterated its commitment to 100 per cent  of its Liquefied Petroleum Gas (LPG) production to the domestic market to support the growth of LPG utilisation in the country.

Advertisement

This, it added, is also to reduce the health, safety and environmental risks associated with the use of other domestic fuel sources.

The deputy managing director of Nigeria LNG Limited (NLNG), Mr. Olalekan Ogunleye, said this during his speech at the 2nd West Africa LPG Expo and NLPGA Summit on Thursday.

Ogunleye stated that, NLNG remained committed to collaborating with regulators, partners, and industry players to grow the domestic LPG market and bring cleaner energy to Nigerians.

He added that, through the supply of LPG, NLNG prioritised the supply of clean energy in Nigeria while working collaboratively with the government to grow LPG consumption in Nigeria as part of the national journey to a clean energy future.

RELATED

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

1 hour ago
Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

4 hours ago
ADVERTISEMENT

He said LPG domestic consumption in the country has increased by 300 per cent, from about 60,000 metric tonnes in 2007 to over one million metric tonnes in 2020. He stated further that the increase indicated that the domestic market was one fastest-growing LPG markets in the world and that it the viability of LPG as a business and its adoption by the citizenry.

He said, a significant stimulus to the domestic LPG was the declaration by the federal government of the ”Decade of Gas” and the support of regulators and industry stakeholders. He stated that the declaration had created an enabling environment for investment and deliberate actions designed to ensure that Nigeria takes advantage of the global energy transition while monetising the country’s extensive gas reserves.

Speaking on NLNG’s contribution, Mr. Ogunleye said: “since the start of the Domestic LPG Supply Scheme in 2007, NLNG has consistently increased both its reserved volumes for the domestic market and actual LPG volumes supplied. NLNG intends to maintain this steady growth and supply contribution to the domestic market, consistent with its vision of “helping to build a better Nigeria.

ADVERTISEMENT

“Deliveries continue to be made through NLNG’s chartered LPG Vessel, entirely dedicated to delivering the product to Nigeria to underpin the scheme and ensure a steady supply of products without disruption.

“NLNG continues to invest in supply logistics, infrastructure and security to ensure product supply. It has made financial contributions towards refurbishing LPG receiving terminals in Lagos. By so doing, it has made a significant economic impact on business development and the creation of employment opportunities,” he said.

He pointed out that NLNG’s shareholders, through its board, have shown a strong commitment to the growth of the DLPG scheme through the consistent increase in reserved LPG volumes for the domestic market. He noted that, with the support, NLNG had increased its LPG footprint through the start of domestic propane delivery in September 2021, charting a path for future deliveries.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10187Tweet6367Share
ADVERTISEMENT
Previous Post

Transport Minister To Tackle Container Deposit, High Cargo Dwell Time

Next Post

Australian Firm To Establish 290,000 Off-grid Homes In Nigeria

Chika Izuora

Chika Izuora

You May Like

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?
Business

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

2025/08/29
Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students
Business

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

2025/08/29
currency exchange process
Business

How To Calculate Pips In Forex And Other Important Tips For Traders

2025/08/29
Fitch Upgrades Afreximbank To ‘BBB’
Business

Japan Agency Rating Reinforces Afreximbank’s Credibility, Says Denya

2025/08/29
BREAKING: Emirates Airlines Resumes Flights To Nigeria October 1
Business

Emirates Airline To Participate In Africa Tourism, Creative Economy Expo

2025/08/29
Tinubu Names Abubakar Dantosho MD Of NPA
Business

NSC Boss Lauds Dantsoho On Election As IAPH Vice President

2025/08/29
Leadership Conference advertisement

LATEST

Katsina Gov’t To Procure 700 Motorcycles, 20 Hilux Vans To Fight Banditry

NYSC To Step Up Community Policing In Orientation Camps Nationwide

Tinubu Declares 9th National Youth Games Open

Wolves Set To Sign Tolu Arokodare From Genk

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

PICTORIAL: VP Shettima Represents Tinubu At Ex-VP Sambo Son’s Wedding In Kano

Tinubu Excited As Nigerian Babalola Emerges As Rotary International President

How To Calculate Pips In Forex And Other Important Tips For Traders

Tottenham Sign Simons From RB Leipzig For £52m

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.