Lagos-Mr Venkatapathy Venkatraman, Managing Director of Nigerian Independent Petroleum Company Plc (NIPCO), says the company’s seven billion naira cooking gas plant will boost gas supply in the country.
Venkatraman told the Newsmen in Lagos on Friday that the company’s 4,800 metric tonnes capacity gas project would assist the masses.
Venkatraman said that NIPCO’s entry into the gas market was in response to the Federal Government’s call to genuine investors to invest in the area.
He said that the company’s LPG terminal, the second biggest plant in Nigeria was fully automated with minimal human intervention.
The NIPCO chief said that the company had also invested in the transportation sector with the procurement of over 20 bulk tankers to carry gas to various parts of the country.
“We have all the equipment and items to ensure that cooking gas is taken to all parts of the country.
“This milestone project investment is an indication that Nigerians will soon stop the use of fire wood for cooking and embrace the LPG at cheaper rate,’’ the NIPCO boss said.
He said that the company was currently deploying LPG skids to serve the cooking needs of the populace and promote the use of LPG as auto fuel.
LPG Skid is the latest technology in dispensing gas for household and vehicular fuelling. It is like a mini-filling station with surface tank pumps and meter. (NAN)