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Home Business News

NLNG Highlights Various Challenges Facing The LPG Market

Editor by Editor
December 15, 2015
in Business News
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The Manager, Marketing/Development, Nigeria Liquefied Natural Gas (NLNG), Abdulkahid Ahmed said that the Liquefied Petroleum Gas (LPG) market is battling with substandard products among other problems.He was speaking at a recent stakeholders  forum in Lagos.

According to Ahmed, other problems besetting the growth of the market include inadequate vessels that would bring the product from the firm’s base in Port Harcourt, Rivers State to Lagos, inefficiency in shipping operations and its attendant increase in  freight cost, and uneven distribution terminals.

The Manager also said that there are no functional cylinder manufacturing plants in the country, stressing that the issue has resulted in the importation of cylinders and other accessories into the country. Ahmed said funding has constrained the capacity of  Nigerians to invest in the production of  cylinders and other accessories locally.

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He however added that NLNG, in spite of the challenging environment, has so far  supplied 700,000 metric tonnes of LPG into the Nigerian market.

Editor

Editor

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