HomeBusinessRevealed: Why cooking gas prices may crash soon amid new supplies

Revealed: Why cooking gas prices may crash soon amid new supplies

This post was originally published on this site.

Techno Oil to receive 7,500 metric tonnes of LPG, easing supply constraints in Nigeria’s cooking gas marketFalling LPG costs could bring price relief to consumers and support household budgets as demand continues to riseStrengthened LPG imports are vital for maintaining supply stability and enhancing cooking gas accessibility across Nigeria

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

Techno Oil is set to receive a fresh 7,500-metric-tonne Liquefied Petroleum Gas (LPG) cargo this week, reinforcing supply within Nigeria’s growing cooking gas market at a time when prices are beginning to ease.

Shipping data shows that the cargo will be loaded from the Nigeria LNG (NLNG) terminal and transported aboard the vessel MT Alfred Temile before being discharged at the company’s jetty in Lagos.

The latest shipment comes as the landing cost of LPG, commonly known as cooking gas, continues to decline, falling below N1,000

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

- Advertisment -spot_img
- Advertisment -spot_img