Energy

FG praises NLNG for suspending cooking gas exportation

The federal government has lauded Nigeria Liquefied Natural Gas (NLNG) Limited for suspending the export of cooking gas while approving 100 per cent of the product’s domestic supply.

The Nigerian News Agency reports that on January 14, NLNG said the move is designed to increase the availability of LPG in Nigeria, diversify its use and support the federal government’s Decade of the Gas initiative.

The Minister of State for the Environment, Chief Sharon Ikeazor, delivered the eulogy in a statement issued by the Saghir el Mohammed Press Director.

Ikeazor said such a bold move was a welcome development and a step in the right direction that will not only reduce the price of the raw material but also bring relief to our forests and ecosystems.

The minister recalled that shortly after the increase in cooking gas prices in the country, millions of Nigerians could no longer afford the product and consequently turned to firewood and charcoal as alternatives.

While lamenting that clearing forests for firewood and charcoal have been one of the main causes of deforestation and other climate change challenges, the Minister lamented that smoke from wood and charcoal contributes to air pollution and other pollutants. that produce greenhouse gases.

“NLNG is to be commended for its sensitivity and responsiveness to the plight of Nigerians.

“For us in the environmental sector, this unique decision will not only help restore our forests and address some of our climate challenges, it will also facilitate the achievement of our Nationally Determined Contribution (NDC) and other aspects of the Paris Agreement.

“We in the environmental sector strongly support and believe that available and affordable, being the cleanest of fossil fuels, Nigeria is now determined to drastically reduce its carbon emissions, thus it will play a leading role during the current period of the energy transition. ”.

it also reports that NLNG is currently the largest single supplier of LPG in the domestic market, with an estimated supply of 400,000 metric tons in 2021.

The milestone comes just three months after the company supplied its first shipment of propane to the domestic market and has developed a scheme to sustainably supply propane for use in gas blending for cooking, as well as in the agri-food, autogas, energy and petrochemicals in the country. Nigerian economy to further deepen the utilization of gas in Nigeria. (NAN)

Felix Oloyede

Felix Oloyede is a Mass Communication graduate with 19 years experience in journalism. He has worked with TheWeek Magazine; Mirror Newspapers; West Africa BusinessNews and BusinessHallmark Newspaper. Oloyede has covered different news beats ranging from crime; arts; politics; commerce and industries to finance and economy. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School.

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