NIPCO Plc has said its recent investment in its Liquefied Petroleum Gas (LPG), popularly called cooking gas, storage facility will help deepen the use of the product across the country.
Managing Director of the company, Sanjay Teotia, stated this at the 8th annual international conference and exhibition organised by Nigerian Liquefied Petroleum Gas Association (NLPGA) in Abuja. Sanjay explained that NIPCO in 2017, improved on its storage capacity and other LPG infrastructure in a bid to meet growing LPG stakeholders’ interest and demand from 4,800 metric tonnes (MT) in 2009 to 5,600MT last year.
“We commissioned the biggest LPG single sphere in Africa with a capacity of 5,600MT and increased the loading arms in the gantry to five in a bid to ease loading of trucks for onward distribution of the product to all the nooks and crannies of the country,” Teotia stated.
He maintained that the investments committed over the years by NIPCO has pushed it to its current position where it now controls a major share of the LPG market with its massive storage facilities and other infrastructure put in place to aid access to the product by the populace.
Source: The Sun