Nigeria’s Liquefied Petroleum Gas, LPG, supply dipped by 10.53 per cent to 136,569.1 metric tonnes in vacuum, MT VAC, in September 2020, compared to 123,554.33 MT VAC of LPG supplied in August 2020.

According to September 2020 LPG supply data obtained from the Petroleum Products Pricing Regulatory Agency, PPPRA, the volume of LPG, also known as cooking gas, supplied in September 2020, was, however, 1.02 per cent higher than the 135,191.4 MT supplied across the country in September 2019.

The PPPRA data revealed that out of the total volume of cooking gas supplied in September 2020, 57,187.75 MT VAC, representing 41.87 per cent of the total, was imported, while 79,381.34 MT VAC of the commodity, representing 58.12 per cent of the total was sourced locally. In comparison, in August 2020, 71.35 per cent of the LPG supplied in Nigeria was imported, while 28.65 per cent of the total was sourced locally, representing 88,157.108 Mt VAC and 35,397.221 MT VAC respectively.

In addition, of the 135,191.4 MT VAC of LPG supplied in September 2019, 91,951.263 MT VAC, representing 68.02 per cent of total LPG supplied were sourced locally, while 43,240.137 MT VAC of LPG, representing 31.98 per cent of the total were imported. Specifically, LPG import dipped by 35.13 per cent to 57,187.75 metric tonnes in vacuum, MT VAC, in September 2020, from 88,157.108 MT VAC recorded in the previous month, August 2020.

Click on the link below for full report

Source: SweetCrudeReports