Friday, 21 November 2014

NLNG To End Shortage Of Cooking Gas Soon


The Nigeria Liquefied Natural Gas (NLNG) Limited said on Friday that shortage of cooking gas would soon be a thing of the past following the increased production capacity of 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, 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.

It is reported 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,) N. V. S. a. r. l (10.4%).

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