The core of Nigeria’s Liquified Petroleum Gas imports, which totals 78.95 percent, in September, was imported from the United States.
The rest of the cooking gas imports also came from Equatorial Guinea.
The Petroleum Products Pricing Regulatory Agency (PPPRA) report stated that 45,148.396 MT VAC of LPG, representing 78.95 per cent of the 57,187.75 MT VAC of LPG supplied in September 2020 was imported from the United States, while 12,039.356 MT VAC of LPG, representing 21.05 per cent of the total, was imported from Equatorial Guinea.
In addition, the report noted that a total of eight companies were responsible for the total supply of cooking gas in the country in September 2020.
The companies, according to the report, are Matrix Energy, NIPCO, Algasco LPG Services Limited, a subsidiary of Vitol; Prudent Energy and Services Limited, Rainoil, Stockgap Fuels Limited, Nigerian Liquefied Natural Gas, NLNG and Ever Oil and gas.
In the import category, Matrix Energy brought in 6,380.319 MT VAC and 6,282.882 MT VAC of LPG from the United States of America; NIPCO imported 12,039.356 MT VAC of LPG from Equatorial Guinea; while Algasco imported 5,495.043 MT VAC and 16,045 MT VAC of LPG from the US.
In addition, Prudent Energy and Rainoil imported 5,345.514 MT VAC and 5,598.974 MT VAC of LPG from the United States, respectively.
In the locally-sourced category, Algasco obtained 17,730.162 MT VAC of LPG and 9,475.592 MT VAC from the Bonny River Terminal, BRT, NIPCO sourced 13,464.184 MT VAC and 3,741.719 MT VAC of LPG from the NLNG, Bonny; while Stockgap sourced 8,998.006 MT VAC and 9,480.627 MT VAC of LPG from the NLNG, Bonny.
Furthermore, the NLNG supplied 9,286.840 MT VAC of LPG, while Ever Oil sourced 6,962.884 MT VAC of LPG from the Bonny River Terminal.Follow us on social media