FG projects $10.38bn earning from cooking gas in 2018

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THE Federal Ministry of Petroleum Resources has estimated that $10.38 billion can be generated by 2018, if 50 percent of the current kerosene and firewood users switch over to Liquefied Petroleum Gas, LPG, popularly known as cooking gas.

In the recently approved National Gas Policy, the ministry sated: “It is estimated that about $10.38 billion could be generated for the economy if 50per cent of the current kerosene and firewood users switch over to LPG by 2018. This switch will also help create over one million skilled jobs in various segments of the LPG supply value chain. In the same vein, the utilisation of LPG can also generate far reaching positive outcomes for our public health and environment as well as saving cost for government at all tiers.”

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