PANIC OVER COOKING GAS SCARCITY AS SUPPLY DECLINES

PANIC OVER COOKING GAS SCARCITY AS SUPPLY DECLINES

As Christmas and New Year festivities approach, palpable panic currently grips many Nigerian homes, as cost of Liquefied Petroleum Gas (LPG) otherwise known as cooking gas, has increased immensely.

It was gathered that there has been a shortage in supply of the commodity in recent times, especially to Lagos.

The Liquefied Petroleum Gas Retailers branch of the Nigeria Union of Petroleum and Natural Gas Workers has said that the reduction in supply led to about 90 per cent increment in gas price within a space of one week.

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) had earlier said that terminal owners had increased the price of 20 metric tonnes of the LPG by 33 per cent to N4.2m within five days.

 NALPGAM said efforts to withdraw the cause of the sudden price increase from the terminal operators had proved abortive.

The Nigeria LNG Limited based in Port Harcourt, uses a vessel to deliver LPG to Lagos at least twice in a month and consumers take the commodity to different parts of the country with trucks.

The company only delivers volumes to government-owned Northern Oil Jetty terminal and Navgas terminal, a private facility.  It was gathered that over 34 off-takers involved in the distribution of the NLNG’s volumes across the country received supply from the terminals.

But findings revealed that the vessel only delivered the LPG volumes to Lagos once in October and no supply had been received this month.

The NLNG, last week, in a letter explained to off-takers recent delays and disruptions to the Lagos delivery schedule, said deliveries to Lagos had progressed uninterruptedly until August when the LPG vessel, ‘Navigator Capricorn’, loaded a cargo in Bonny and then experienced a suspected piracy attack en route to deliver the cargo to Lagos.

 

Punch