Rainoil Limited, an integrated downstream oil and gas company, has unveiled a Liquefied Petroleum Gas plant with a tank capacity of 8,000 metric tonnes in Ijegun, Lagos.
The Minister of State for Petroleum Resources, Timipre Sylva, said the establishment of the plant aligned with the Federal Government’s drive to deepen cooking gas penetration and attain five million MT of LPG consumption by 2022.
He said, “Rainoil is really working in tandem with the vision of the Federal Government in making gas a preferred fuel in the country. The NNPC GMD commended Rainoil for partnering with the government to boost domestic gas utilisation and the development of the gas sector in the country. He said, “We believe this investment will increase domestic storage flexibility for LGP and provide direct and indirect employment opportunities, including training, skills acquisition, transfer and enhancement.
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