…to end LPG exports by Chevron
Nigeria is planning to ramp up importation to close its domestic supply deficit of Liquefied Petroleum Gas (LPG), widely known as cooking gas. This is despite holding Africa’s largest proven gas reserves.
Rabiu Umar, authority chief executive of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this at the stakeholders meeting on rising prices of LPG, held in Abuja on monday.
According to him, 165,000 Metric ton (MT) has been projected as supply for third quater 2026.
Read also: Senate confirms Umar as NMDPRA chief in race to stabilise post-subsidy petrol market
Umar explained that challenges including, inadequate LPG infrastructure for distribution; domestic supply gap created by incomplete domestication of local production; charging of non-cost reflective prices by LPG wholesalers and retailers as well as global supply disruptions and price volatilities, due to US/Isreal-Iran war in the middle east has impacted the
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