Modupe Gbadeyanka
By Modupe Gbadeyanka
The new 24,000 metric tonnes Liquefied Petroleum Gas (LPG) plant built by Ardova Plc has been completed and is set to commence operations next month.
The gas facility is located in Lagos and is expected to make the commodity readily available to consumers, though it is not certain if Nigerians will get it at cheaper prices.
The price of cooking gas has witnessed a significant increase in the past months, selling at between N1,200 and N1,500 per kg at the retail end of the market.
The federal government had to ban the exportation of LPG to beat down the prices in the country and ease the suffering of the citizens.
It is believed that Ardova’s gas plant would increase the supply of the commodity in Nigeria and make it affordable to consumers, who have been encouraged to embrace clean energy.
The Ardova gas factory is owned by an Ogun State businessman, Mr Abdulwasiu Sowami, who bought the defunct Forte Oil from Mr Femi Otedola.
It was gathered that cooking gas from the facility should meet about 50 per cent of Nigeria’s demand.
The plant consists of a 1.6KM 10-inch jetty line connecting the facility to the NPSC jetty in Apapa, in-tank and in-line blending capabilities as well as other supporting infrastructure that can throughput about 700,000 MT per annum.
