Nigerian LPG Marketers Target Six Million Tonnes Annual Supply

Date:

Liquefied Petroleum Gas (LPG) marketers in Nigeria have set a target to raise the country’s annual LPG supply to six million metric tonnes in the coming years as part of efforts to promote cleaner energy nationwide.

The outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Oladapo Olatunbosun, announced the goal during the association’s 38th Annual General Meeting in Abuja, where he reviewed sector growth and outlined future objectives.

Olatunbosun said LPG consumption in Nigeria had grown from around 900,000 metric tonnes four years ago to over two million metric tonnes in 2024. He attributed the progress to increased investment, collaboration with government initiatives, and rising public acceptance of gas as a domestic energy source.

“By the first quarter of next year, LPG consumption is expected to reach three million metric tonnes per annum,” Olatunbosun said. He added that, with continued policy support and private sector participation, reaching six million metric tonnes per year is achievable, putting Nigeria on par with leading African suppliers such as Morocco and Egypt.

The growth in the LPG sector is linked to the National Gas Expansion Programme and the Decade of Gas Initiative, both launched in 2021 to drive industrialisation and cleaner energy adoption. Despite Nigeria’s abundant gas reserves, domestic LPG penetration, especially in rural areas, remains low.

Olatunbosun noted challenges including high LPG costs and uneven supply but expressed optimism that these would ease with increased domestic production. He highlighted upcoming market contributions from Seplat Energy, the Dangote Refinery, and other investments as factors that would stabilise prices and expand access.

He urged the incoming NALPGAM leadership to prioritise affordability and broaden LPG access in underserved rural communities, stressing that every Nigerian household should have reliable access to gas.

Olatunbosun also encouraged operators to adopt technological innovations, including artificial intelligence and digital monitoring tools, to enhance safety, curb theft, and improve plant operations.

Reflecting on his four-year tenure, he thanked members for their support and called on the new executives to consolidate gains, pursue new investments, and sustain advocacy for an enabling business environment.

The 38th Annual General Meeting concluded with the election of new executives who will guide NALPGAM for the next four years.

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