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Home World Business

Abuja plans gas cylinders manufacturing to boost LPG use

byCustoms Today Report
13/11/2014
in World Business
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ABUJA: The Nigerian Content Development and Monitoring Board (NCDMB) has started working with the Nigerian National Petroleum Corporation (NNPC), Oando Group, Sahara Energy and other firms to promote manufacturing of gas cylinders locally to further promote domestic utilisation of Liquefied Petroleum Gas (LPG).

According to Nigeria’s Guardian newspaper report, there are indications that the Content Board may use a part of the Nigerian Content Development Fund (NCDF) to support companies that are committed to manufacture gas cylinders.

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According to the report, the NCDMB and its stakeholders in the Liquefied Petroleum Gas (LPG) sector recently set up a committee that will develop a strategy to drive the manufacturing of cylinders, deepen the utilisation of gas and address challenges that may hinder the process.

It quoted the Executive Secretary, NCDMB, Ernest Nwapa, as saying that the Nigerian government has been promoting manufacturing particularly in the oil and gas industry because of the potentialities of creating thousands of jobs, retaining spend in-country and developing technology.

He described gas cylinder manufacturing as a quick win, noting that local service companies now fabricate complex structures for the oil and gas industry and several companies were investing millions of dollars in setting up facilities and acquiring assets.

Tags: ABUJAcylinder manufacturingfabricate complex structuresgas cylinder manufacturingNigerian Content Development and Monitoring Board (NCDMB)Nigerian Content Development Fund (NCDF)Nigerian governmentNigerian National Petroleum Corporation (NNPC)Oando GroupSahara Energy

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