cooking gas

Marketers Lament As Cooking Gas Demand Crashes

May 25, 2022 2:48 pm

It was marketers’ doom as Wednesday saw the demand for Liquefied Natural Gas (LPG) popularly known as cooking gas dropped to a record low across the country.

The consecutive market report gathered on Tuesday showed that consumers had lately either reduced consumption or ditched the commodity for cheaper alternatives such as coal and firewood.

President, Nigerian Gas Association, Ed Ubong, said during a downstream event in Lagos that national annual consumption was currently between 1.3mn and 1.5mn metric tons from the Federal Government’s annual target of 5mn metric tons.

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NPDC Mulls Nationwide Crash Of Cooking Gas Price

August 22, 2020 1:23 pm

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), has mulled 600 million standard cubic feet (mmscf) of daily gas supply for domestic market, a move that would further dip the prices of cooking gas nationwide.

The company, which said it was looking at boosting its gas supply to the domestic market by the volume (600mmscf/d) in the next three to five years, also noted that it had revved up production in Oil Mining Lease (OML) 111 by 2,100barrels per day (bpd) of crude oil and 27mmscfd of gas, thereby increasing …