Cooking gas prices expected to fall as first LNG DPLG vessel berths in Port Harcourt


Florence Uwaeme

The maiden LNG DPLG (Cooking Gas) ship has berthed at the StockGap terminal in Port Harcourt.

The ship was received on Tuesday by governor Nyesom Ezenwo Wike in the company of Mr Tony Attah, MD of NLNG and Mr Stanley Obiamarije, MD/CEO Chairman StockGap Ltd.

This follows a project initiated by the Nigerian Liquefied Natural Gas, NLNG, with its modalities to ensure that cooking gas is delivered directly from Bommy to Port Harcourt, instead of being routed through Lagos.

Prior to the NLNG project with support from Rivers State government, DPLG (Cooking Gas) from LNG in Bonny get to South-South and South-East through Lagos as Vessels from Bonny in Rivers State usually offload Cooking Gas in Lagos before trucks haul the Gas back to Rivers State.

The inability of NLNG ships to berth in Port Harcourt made cooking gas more expensive in Rivers State than Abuja, Kaduna and Kano.

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Tony Attah, NLNG MD had on June 20, 2019, appealed to the Rivers State Governor to assist in realising the project by dredging the Iwofe waterway.

Governor Wike assured that the State Government will dredge the Iwofe waterway for that purpose.

“I will only support companies that mean well for the people of Rivers State. My business is to do good for our people so that their lives can improve.

“Other companies should emulate what NLNG is doing in Rivers State. On behalf of the people of Rivers State, I commend the NLNG “, he said.

The StockGap terminal was developed to stop the wastage associated with the expensive and tortuous route, and to enable the receipt of DPLG vessels straight from LNG in Bonny.

Analysts say the development would lead to greater availability and affordability of cooking gas in South-South and South East.

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