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Tuesday, May 21, 2019
Nigeria’s state-run oil and gas firm, NNPC, will unveil the largest LPG and propane storage and dispensing facility in Oredo, Benin City. Company spokesman, Ndu Ughamadu, speaking in Abuja on May 19 said NNPC’s subsidiary, NPDC, would unveil the facility as part of its efforts to fast track the use of LPG in the domestic market.
“The facility, which is an extension of the Integrated Gas Handling Facility (IGHF) plant, has the capacity to dispense 330 tonnes of LPG and 300 tonnes of Propane daily, in addition to the 100 Mmscf/d and 260 bpd of condensate from the IGHF plant,’’ he said
Ughamadu noted that the Managing Director of NPDC, Yusuf Matashi, said the IGHF would be a game changer for the National Oil Company, as both facilities (IGHF & LPG bay) when commissioned, would be a huge revenue stream for the government.
“Before the end of 2019 NPDC would be producing 40 percent of the nation’s LPG requirements,’’ he quoted Matashi as saying.
Currently NPDC is the single largest supplier of gas to the domestic market with about 90% of gas supply targeted at power generation to drive the nation’s economy positively.
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