LEGIT
Four vessels loaded with 23,000 tonnes of Liquified Petroleum Gas valued at N25.3 billion have arrived at the Lagos jetties. The price of the commodity is currently sold at over N1,000 per kilogramme as it takes a shuttle vessel about $450,000 to convey 3,000 metric tonnes to the port
According to data from the Nigeria Ports Authority (NPA), the Alfred Temile arrived at the New Oil Jetty with 8,000 tonnes. Verrazane began discharging 9,000 tonnes at Bulk Oil Plant and 2,000 tonnes at Lister jetties.
The NPA’s shipping data revealed that Sapet Gas berthed with 4,000 tonnes at the New Oil Jetty. New Telegraph reports that only NAVAGAS and New Oil Jetty terminals are the facilities receiving regular supplies.
FG moves to crash cooking gas price
The move comes as the Minister of State for Petroleum Resources (Gas), Ekperikpo Ekop, has formed a committee with a directive to develop recommendations on enhancing supplies and crash the commodity’s price.
The committee headed by the Chief Executive of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has one week to develop solutions, Legit.ng reported .
