NCDMB Secures Approval to Produce 123,000 Metric Tonnes of LPG

0 373

Executive Secretary of the Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has disclosed that the board has secured approval to work with select partners to produce Liquefied Petroleum Gas (LPG), popularly known as cooking gas that would contribute 10% to the current demand of the product across the country.

Engr. made this known at the recently concluded 2022 5th International Energy Summit (NIES), in Abuja.

While speaking at the summit, Engr. said that the board recently secured the approval of its Governing Council for a partnership to produce 123,000 metric tonnes of LPG per annum from the Utorogu Gas Plant, in Warri, State.

According to him, this will enhance local production of LPG, reduce import requirements and meet about 10% of cooking gas demand across Nigeria.

Engr. noted that the NCDMB’s latest efforts are tilted towards actualizing the federal government’s Decade of Gas Policy as well as the overarching content aspirations intended to increase local capacities in the industry, create jobs for the youths and retain spending in the country’s economy.

He explained that the board’s “partnerships in the gas sector have unlocked 6,000metric tonnes of LPG storage facilities, annual production of 1.2million LPG composite cylinders, and infrastructure and facilities for processing of 840mmscfd of gas across fourteen states of the federation namely Bayelsa, Delta, Edo, Lagos, Kano, Kaduna, Katsina, Bauchi, Nassarawa, Zamfara, Niger, Plateau, Gombe, Jigawa states and the Federal Capital, Abuja.”

The Executive Secretary explained that the federal government had introduced clear policies intended to make Nigeria become a gas-powered economy. Among these policies, according to him, is the “Decade of Gas that seeks to leverage on the country’s huge gas reserves to become not just a major exporter but to become a major gas consuming nation.”

Engr. further highlighted other board’s investments and partnerships in the gas sector to include the creation of a 10 hectares gas hub in Polaku, Bayelsa for hosting gas-based infrastructure and facilities, LPG jetties/terminals, storage facilities, inland transportation, cylinders manufacturing, bottling, and retail.

More Related Stories


Be the first to know when we publish an update

Leave a Reply