Consumption of domestic liquefied petroleum gas in Nigeria will grow to 1.7million Tonnes per annum by 2020 if extensive intervention strategies are adopted, Mr.Ahmed Joda, Nigeria Liquefied Natural Gas Limited, Manager Sales Administration, has said
Joda,who spoke during a presentation titled “Unlocking Domestic LPG Investment Opportunities” at the 2017 Nigeria Liquefied Petroleum Gas Association (NLNGA) Conference, added that developments in the market already support this projection.
He stated that while NLNG is focusing on optimising coastal delivery to Apapa –revamp NPMC jetties, optimising shipping operations to reduce product shipping costs, and encouraging storage capacity development.
“There is need for continuous engagement of direct stakeholders (Off-takers) on safety and active participation in an industry-wide LPG conversion scheme”, he said.
He added that opening up other distribution points in parts of the country as well as developing transportation modes to other discharge points will lead to advancement of the DLPG market.
Mr. Joda considers the railway as a viable option for more efficient and effective coverage of the entire country.
He stated that Port Harcourt offers such opportunity for expansion of the LPG distribution market to the East and North via the existing railway network.
In addition, he suggested that trucking could provide limited transportation support to the business.
He said: “NLNG will continue to play a leading role in policy advocacy on LPG usage/adoption, safe operations and good practice.”
“Already, NLNG has committed to DLPG supply of 350ktpa, through a dedicated Vessel while advocating for infrastructure Development, and collaboration with Government and other stakeholders”, he added.