WAGL Energy Limited, a joint venture business operated by the Nigerian National Petroleum Company (NNPC) Limited and Sahara Group, has announced plan to develop and construct jetties across West African countries to boost the supply and penetration of Liquefied Petroleum Gas (LPG) in the sub-region.
The Managing Director, WAGL Energy Limited, Mr Emmanuel Ubani, revealed this in a statement obtained yesterday, saying discussions were already at advanced stages for the first in the lot.
He said the move was part of the several efforts by the company to take advantage of opportunities in the energy transition space, adding that WAGL had embarked on developing infrastructure to take beneficial advantage in the emerging energy transition era.
While acknowledging growing LPG demand in Africa, Ubani advised that more strategic policies and investments were required to further promote and deepen the product’s utilisation in rural communities in the continent.
According to him, for LPG to increase to a significant or dominant market position in Sub-Saharan African countries, an enabling environment for the sector must be put in place.
