THISDAY

11 PLC Launches LP Cooking Gas in Nigeria

- Sunny Okobi and Kehinde Lawal

In order to satisfy liquefied gas consumers, bring their product closer to the users and sustain its developmen­t in the country, 11 Plc (former Mobil Nigeria) has launched its Liquefied Petroleum Gas (LPG) in Nigeria.

Speaking at the gas event in Lagos, the representa­tive of the Nigeria National Petroleum Corporatio­n (NNPC), Mr. Henry Obih lauded the idea of Double One decision to bring LPG to the country, noting that the consumptio­n usage of LPG in the country is almost 600,000 metric tonnes, compare to what it was in 2007 and 2019 which were 50,000 and 70,000 metric tonnes respective­ly.

The Group Executive Director/COO of NNPC Downstream said: “In 2007, we were consuming about 50,000 metric tonnes of LPG in a year, in 2009 it was 70,000 metric tonnes while in 2017, we were almost 600,000 metric tonnes of LPG consumable­s in Nigeria, we are convinced that the potential usage is even much more than that and if you look at the World Bank Statistics, which says Nigeria potential is about 3.2 million tonnes a year, consumed within Nigeria LPG.”

He noted that NNPC has a presidenti­al mandate to grow the use of LPG in Nigeria, and part of the objective as an institutio­n arm and agency of government is to work with other players within the sector, to encourage them to invest in LPG which will also support business growth initiative­s.

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