April 20, 2024
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OIL & GAS

New Ardova LPG Plant to Commence Operation Next Month

Nigerian energy group Ardova’s 24,000 metric tonnes Liquefied Petroleum Gas (LPG) plant, located in, has been completed and is set to commence operations next month.

The plant consists of a 1.6KM 10-inch jetty line connecting the facility to the NPSC jetty in Apapa, in-tank and in-line blending capabilities as well as other supporting infrastructure that can throughput about 700,000 MT per annum.

The gas facility, is expected to make gas readily available to consumers, though it is not certain if Nigerians will get it at cheaper prices. Cooking gas price has witnessed a significant increase in the past months, selling at between N1,200 and N1,500 per kg at the retail end of the market. The facility us said to have the potential of meeting about 50 per cent of Nigeria’s demand.

At a point, the federal government had to ban the exportation of LPG to beat down the prices in the country and ease the suffering of the citizens. It is believed that the Ardova’s gas plant will increase the availabilty of the commodity to consumers, who have been encouraged to embrace clean energy.

The owner of Ardova factory, is an Ogun State businessman, Mr Abdulwasiu Sowami, who bought the defunct Forte Oil from Mr Femi Otedola.

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