The Petroleum Products Pricing Regulatory Agency in a report of LPG supplied in August 2021, signed by the agency’s executive secretary, Abdulkadir Saidu, indicated the volume of LPG supplied in August declined by 21,959.7 MT compared to the 107,224.584 MT supplied in the month of July.
Additionally, the level of supply in August was still lower than the 102,787.234MT which was also supplied in the month of June, an indication that the scarcity of cooking gas in the country is set to continue as long as supply remains low.The report also showed that Nigeria is still importing the bulk of its LPG as 47,224.3MT, representing 55.4 per cent imported while 38,040.45MT was sourced locally.
A breakdown of the supply report shows that 38,040.457 MT was sourced locally by Ever Oil, Stockgap, NIPCO, 11 plc, Greenville Natural Gas, PNG Gas Ltd, NPDC and Ashtavinayak Hydrocarbon Ltd, while 47,224.346 MT was imported by NIPCO, Matrix, Algasco, Techno Oil, Prudent, A.A Rano, Stockgap. Additional analysis of the data on importation in the month of August, shows that 21,606.301 MT was imported from the United States of America, while 13,044.266 was imported from Algeria and 12,573.779 MT was brought into the country from Equatorial Guinea.
On the other hand, out of the 38,040.457 MT sourced locally, 7,042.058 MT was sourced by Ever oil, 9,429.761 MT by Stockgap, 7,687.112 MT by NIPCO, 4,761.626 MT by 11 plc and 440.380 MT by Greenville Rumuji, Rivers State.
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