LPG: Usage Hit 78,000mt In July – PPPRA - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
September 16, 2019
The Petroleum Products Pricing RegulatoryAgency, PPPRA says that the utilisation of liquefied petroleum gas, LPG, alsoknown as cooking gas, has risen from 40,000 metric tons in April to 78,000metric tons in July.
The Executive Secretary of PPPRA, AbdulkadirSaidu, disclosed this in statement made available to newsmen in Abuja.
He said that the rise was a reflectionof the fact that the combined efforts of government, industry operators andregulators in deepening LPG penetration was beginning to pay off.
Saidu expressed optimism that the volumeof cooking gas consumed locally would further rise in the months ahead, asvarious initiatives taken by the government and investors to deepen LPGpenetration began to yield fruit.
He explained that while domesticutilisation ranged between 40,000 MT and 54,000 MT from January to April 2018,the July 2019 monthly utilisation hit 78,000 MT.
Saidu assured Nigerians that government, regulators, operators and other stakeholders would remain focused on the formulation and implementation of a stream of policies that would see to the actualisation of the 5 million MT cumulative target by 2022.