Sahara Energy Invests $450m In LPG Supply In Cote D’ Ivoire In 6yrs
Sahara Energy Resource Limited, a member of the energy conglomerate, Sahara Group, has said that since 2014 it ploughed over $450 million into facilitating the supply of Liquefied Petroleum Gas (LPG) to Cote d’Ivoire.
The company said on Monday that although the 2014 population and housing census (RGPH 2014) in Cote d’Ivoire showed that 78% of households use wood and charcoal as their cooking fuel while 22% use gas, the National LPG consumption has grown from 175KT in 2013 to 380KT in 2019, following increased availability of the butane gas and deliberate policy intervention by the government.
In a statement, the Sahara Group said its energy subsidiary, Sahara Energy, has invested about $84 million to supply 200,578.22MT of LPG to the West African nation.
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