NIGERIA (Commonwealth Union) – The domestic gas market all over the world has not been doing well these days. There are a number of factors that could apply to this but since none of them have been confirmed one cannot guess what it could be.
Nigeria however has not dropped the ball in making sure that there should be enough gas to provide domestically. So, the first thing that the Nigeria Liquified Natural Gas (NLNG) did was they made a call to all the stakeholders in the domestic Liquified Petroleum Gas (LPG) value chain to bring in more investments to make sure that there is a steady stream of gas t supply to the domestic market.
Earlier this week there was a conference in Lagos where domestic LPG celebrated 15 years of cooperating with the Nigerian LPG Association (NLPGA). The managing director on the NLNG Dr. Philip Mshelbila made the claim that by making the aforementioned investment, it made sure that there was enough supply for the domestic market.
The director further claimed at the conference where he spoke that the NLNG was fully committed to share the investment if it meant that their local market would thrive even in these dire situations. He also explained that the investment would go towards the production of extra supply so that whiles the domestic area was covered, they could provide it to near by countries there by making a return on the investment.
Nigeria has made plans to make sure that the people in the country, local or foreign, would not need to look for gas in case there is ever again a shortage. This seems like a relief when there was turmoil in other countries as there was a lack of domestic gas.
