NNPC to build Jetties as part of measures to boost Gas supply

0 771

The Nigerian National Petroleum Company Limited and Sahara Group, through their joint venture business, WAGL Energy Limited, are set to develop jetties across West African countries to boost the supply of Liquefied Petroleum Gas, popularly called cooking gas.

The Managing Director, WAGL Energy Limited, Emmanuel Ubani, said in a statement made available to journalists that discussions were already at advanced stages for the first in the lot.

He said the move was part of several efforts by the company to take advantage of the opportunities in the energy transition space, adding that WAGL had embarked on developing infrastructure to take beneficial advantage in the emerging energy transition era.

The statement reads:

“All parts of the value chain must be in place and functional, that is, a distribution system to enable feasible access for the users must exist, a ready and vibrant market network and most importantly, acceptable and accommodating uses of the alternative energy source.

“Ensuring this requires both public and private investments at a level that allows for economies of scale, supporting in making the sector commercially viable.”

While acknowledging growing LPG demand in Africa, Ubani, advised that more strategic policies and investments were required to further promote and deepen the product’s utilisation in rural communities on the continent.

 

 

 

Punch/Hauwa Abu

Leave A Reply

Your email address will not be published.