Business
NLNG Ends Cooking Gas Scarcity, Soon
The Nigeria Liquefied
Natural Gas (NLNG) Limited said that shortage of cooking gas would soon be a thing of the past following the increased production capacity of the Bonny facility.
This is contained in a statement by Kudo Eresia-Eke, General Manager, NLNG’s External Relations Manager, made available to newsmen in Lagos.
The statement quoted the company’s Chief Executive Officer, Mr Babs Omotowa as saying that the company’s six-train facility at Bonny, Rivers State was operating at installed capacity.
Omotowa reiterated that the absence of a functional cylinder, poor transportation network and infrastructure, limited jetty availability and low-priority berthing given to LPG vessels, were responsible for poor marketing of cooking gas.
He urged the government to intervene in terminal operation and development, distribution and retail, promotion and awareness and incentives for full maturity of the domestic LPG market.
The Tide source reports that NLNG is owned by the Federal Government, represented by the Nigerian National Petroleum Corporation (NNPC) (49%), Shell Gas BV, SGBV (25.6%), Total LNG Nigeria Limited (15%), and Eni International (N.A,) (10.4%).