(AGENDAWATCHDOG) – President Muhammadu Buhari says that Nigeria will soon become self-sufficient in the production of Liquefied Petroleum Gas production (LPG).
Buhari stated this on Tuesday while commissioning the Oredo Integrated Gas Handling Facility and LPG Processing and Dispensing Plants constructed and operated by the Nigerian Petroleum Development Company, an Upstream Subsidiary of NNPC in Oredo, Edo State, pointing out that the Oredo Integrated Gas Handling Facility and its associated NGLs depot will be delivering 240,000 metric tons of commercial-grade Liquefied Petroleum Gas and Propane.
President Buhari also added that the plant , which is a follow-up to the commitment of his administration towards making the Year 2020 as Nigeria’s Year of the Gas, will deliver about 205 million standard cubic feet per day of lean gas to the domestic market, and that in addition to its import substitution benefits that brings us a step closer to self-sufficiency in LPG production.
The Oredo Integrated Gas Handing Facility, which is the largest LPG plant in Nigeria with the potential of supplying about 20% of Nigeria’s LPG demand, is carefully situated at a corridor proximate to over 80% of Nigeria’s LPG demand source.
PROJECTED IMPACT: Apart from making the country more self-sufficient in gas production, the Oredo Integrated Gas Handling Facility will also support the growth of small and medium enterprises in the host communities, and create hundreds of direct and indirect employment opportunities for the country’s teeming youths (both skilled and unskilled).