Why There’s Hike In Price Of Cooking Gas – NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, says the challenges in sourcing adequate supply of cooking gas has led to the increase in prices of the commodity.

Kyari disclosed this during a working visit to the headquarters of the Department of Petroleum Resources (DPR) in Abuja on Tuesday.

“Today, this country is under supplied with gas. I can tell you that we are having difficulty feeding our network across the country with gas, every day, it is a trouble to deliver gas. Once your supply is weak, it will affect pricing”, the NNPC GMD said.

“The supply mechanism of our LPG is very weak, that is why we are collaborating extensively to make sure that we are able to extract LPG from our gas resources so that it is made available to the market. Once supply becomes high, definitely, the price will definitely be impacted.”

He, however, said the corporation is working with other sister agencies to make sure that more gas is available into the domestic market thus, making it close to homes.

He stated that its strategy to expand its network of availability would subsequently lead to gas directly delivered to homes of end users.

-DailyTrust