Cooking Gas: Undersupply responsible for rise in cost

Written by on September 8, 2021

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has assured Nigerians that the corporation is working with relevant agencies to ensure that the price of gas is affordable by increasing the volume supplied to the domestic market.


Kyari gave the assurance while answering questions from journalists during his courtesy visit to the Department of Petroleum Resources headquarters in Abuja.


“Today, the n’et mechanism of LPG is very weak. So, we are collaborating extensively to ensure that we are able to extract LPG from our gas resources so that it I can be made available to the market.


“To make price more affordable, we are working towards providing more volume of gas into the domestic market. By doing this, we make it very close to home and extend the networks, once supply is high, it will definitely bring down the prices.”

In his remarks, the Chief Executive Officer of DPR, Sarki Auwalu, disclosed plans to increase gas production to 230 trillion cubic feet by 2030.

Credit: Punch


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