LAGOSâ€”The Department of Petroleum Resources (DPR) has disclosed that out of 11 application received to construct Liquefied Petroleum Gas (LPG), three where granted approval in the dead end ofÂ last year.
The DPR director, Mr billy Agha, stated that five licences to operate LPG plant where granted, while Eight licence to operate the plants were renewed during the review period.
Billy Agha said 21 resellers licence are currently under process, noting that three compressed Natural Gas (CNG) plants approval to construct is undergoing processing.
According to him, in an effort to make gas available for domestic and export market, the agency is encouraging the work over and drilling operations for gas development, noting that a total of 5553,082.25 metric tones of gas liquids from the terminal. He said four export permits application were lifted for the period under review.
He added that 21 vessels were nominated to load the gas liquid from the terminals.
He said four export permits application were processesd for the third quarter, adding that the beneficiaries includes Chevron Nigerian Limited, Nigerian Liquiefied natural Gas, Nigerian National Petroleum Corporation (NNPC) and Mobil Producing Nigeria limited.
The agency has also warned the marketers of liquefied petroleum Gas (LPG) against making undue profit from the delivery of the products to consumer in the country. The strive to remove all real and assumed bottlenecks in the process of providing liquiefed Petroleum Gas, adding that there is no need for marketers to engage in profiteering. Mr Billy Agha also disclosed that the angency would continue to dialogue.
with cooking gas producers to ensure adequate supply and that the product was deregulated by the government in order to guarantee regular supply at affordable prices.
Speaking at the meeting, the Zonal Controller (Lagos) of the agency, Mr Gbenga Koku, opined that the department of Petroleum Resources created enabling environment for all LPG plants and depot owners to take advantage of the deregulation to better the fortunes of their organisations by engaging in healthy competitions such as cylinder branding, accessories and to imports from outside Nigeria.