*The Nigerian Association of Liquefied Petroleum Gas Marketers cautions gas consumers to protect their lives and property, and not panic over a possible scarcity of the product following the NLNG’s recent ‘force majeure’

Isola Moses | 绿帽献妻

Sequel to the Nigerian Liquefied Natural Gas (NLNG) declaration of ‘force majeure’ and likely stoppage of production resulting from flooding, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has cautioned Nigerians against panic buying of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas.

The NLNG recently declared ‘force majeure’ declared in its area of operations, following floods affecting continued production of the vital consumer product.

绿帽献妻 had reported Andy Odeh, General Manager, External Relations and Sustainable Development at NLNG,聽 had urged Nigerians not to rush to fill their gas cylinders as there is enough quantity of LPG to satisfy the market.

Odeh said that the flooding or ‘force majeure’ declared has no impact on LPG availability.

The NLNG accounts for 40 per cent supply of gas in the domestic market and in recent times have been the sole supplier for the domestic market, according to report.

Oladapo Olatunbosun, President of NALPGAM, in a statement also warned against the backdrop of the gas company鈥檚 recent declaration.

Olatunbosun urged gas consumers to not panic over a possible scarcity of the product as a result of the NLNG ‘force majeure’.

The Association also stated though the NLNG explained that its plant is in operation at a limited capacity due to reduced gas supply from some of its upstream gas suppliers, none of the company’s assets on Bonny Island (in Rivers State), or in any of its host communities are impacted by the ravaging floods.

The NLNG has noted that the ‘force majeure’ is a consequence of a similar notice by upstream gas suppliers due to the impact of flood in their production facilities.

NALPGAM President said: 鈥淏ased on information reaching the Association, NLNG has not shut down its production facility in Bonny, as rumoured.”

The President further confirmed that NLNG, Thursday, October 20, 2022, had shipped a cargo of LPG for the domestic market.

According to the Association, the dedicated vessel for shipment of LPG from the NLNG Plant in Bonny, 鈥淎lfred Temile鈥�, arrived in Lagos Thursday to discharge cooking gas. He, therefore, urged consumers to know that the supply of LPG from NLNG has not stopped.

Olatunbosun stated: 鈥淲e should not give opportunity for further price hike due to speculated shortage of the product.

“We are already in hard times with the Russian/Ukraine war, causing upset in the markets and the scarcity.”

The Association also noted the NLNG assured the Association that it would keep producing LPG, based on the feed gas it receives from its gas suppliers.

Gas production is expected to resume after the flood recedes, stated he.

While cautioning middlemen in the value chain not to take advantage of the hysteria in the market as a result of the floods, NALPGAM聽 urged urgent intervention by critical stakeholders to grow the industry, and for more investment to meet consumer demand and reduce the price.

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