Categories: News

Cooking Gas Prices Set To Crash As Loaded LPG Vessels Arrive Lagos

Eko Hot Blog reports that four vessels loaded with 23,000 tonnes of Liquified Petroleum Gas valued at N25.3 billion have arrived at the Lagos jetties.

The price of the commodity is currently sold at over N1,000 per kilogramme as it takes a shuttle vessel about $450,000 to convey 3,000 metric tonnes to the port.

According to data from the Nigeria Ports Authority (NPA), the Alfred Temile arrived at the New Oil Jetty with 8,000 tonnes. Verrazane began discharging 9,000 tonnes at Bulk Oil Plant and 2,000 tonnes at Lister jetties.

President Bola Tinubu

The NPA’s shipping data revealed that Sapet Gas berthed with 4,000 tonnes at the New Oil Jetty.

According to New Telegraph, only NAVAGAS and New Oil Jetty terminals are the facilities receiving regular supplies.

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Akande Ismail Abiola

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Akande Ismail Abiola

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