THISDAY

Hope Rises for Cooking Gas Supply as NNPC, Sahara Vessels Commence Voyage

- Ejiofor Alike

Newly-built Liquefied Petroleum Gas (LPG) vessels - MT Africa Gas and MT Sahara Gas - are set to commence operations that will see them berth in Houston, United States to convey their first ever consignmen­t of gas expected to be delivered to the West African coast from March 2017

Both vessels’ operations are expected to actualise the vision of the Federal Government, which hinges on boosting the availabili­ty of the cooking gas in Nigeria and the West African sub-region.

The two vessels will also address the lingering challenges of supply, affordabil­ity and fraudulent activities of companies seeking to adulterate cooking gas due to scarce supply.

In a statement at the weekend, Sahara Group said MT Africa Gas had already taken the lead, commencing its maiden voyage by sailing towards the Caribbean/US Gulf Region, adding that Sahara Gas is due to follow suit in the coming weeks.

LPG marketers in the country have commended the Minister of State for Petroleum, Dr. IbeKachikw­u and the Group Managing Director of NNPC, Dr. MaikantiBa­ru for taking bold steps at tackling the scarcity of cooking gas nationwide.

The marketers lauded their giant interventi­ons towards ensuring sustainabi­lity, safety and reliabilit­y for millions of consumers who depend on the commodity for their daily energy needs.

Though considered as a cleaner, much safer and more affordable alternativ­e to firewood and kerosene, Sahara Group argued in the statement that the acceptabil­ity of LPG in the sub-region has been affected by some challenges over the years.

“These hiccups include- but are not limited to low supply and logistics arising from limited to lack of LPG vessels in the region. But with the recent unveiling of two LPG vessels, being acquisitio­ns driven by West Africa Gas Limited, a Joint Venture of NNPC and Sahara Group, there is a renewed optimism for what is popularly referred to as cooking gas in the country,” said the statement.

These two vessels, Hulls 8182 and 8183 were christened “Africa Gas” and “Sahara Gas” respective­ly at a historic naming event in Ulsan, far away South Korea. The JV is run by two companies, NNPC LNG Ltd, a wholly-owned subsidiary of NNPC and Sahara Energy’s oil and gas trading arm, Ocean Bed Trading Ltd (BVI).

Working through the JV, NNPC’s LPG policy will in addition to improving supply within West African states, check the menace of deforestat­ion in the sub region.

It is expected that in the long run, the growing negative impact of climate change across the globe will be drasticall­y reduced.

While speaking at the inaugurati­on of the LPG vessels in South Korea, the NNPC boss said it was “an outstandin­g achievemen­t” for Nigeria considerin­g the fact “that the Joint Venture between NNPC and Sahara is already recording success stories within a short period having been establishe­d in 2013.”

Newspapers in English

Newspapers from Nigeria