Demand For Gas Increases As Petrol Records Marginal Hike

Demand for domestic gas is now on the rise following the marginal increase in the pump price of the Premium Motor Spirit (PMS) and scarcity of kerosene.

It was learnt from the National Vice President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Dankigari in an interview that that “now most energy consumers have converted their utilities to gas. 

They are using gas now instead of kerosene. Because of the price of kerosene many people have started using gas.”

Although he said that he could not quantify the percentage increase in the demand for gas, he added that “all I know is that they (consumers) are diverting their interest to gas.”

The National Vice President, who revealed that the association is partnering with a foreign firm to make cylinders available to everybody, added that IPMAN wants all its member filling stations to commence sale of gas.

He said: “That is why we are now trying to see how we can partner with some foreign companies to ensure that each person has a gas cylinder. We want all our member filling stations to start selling gas.

He urged the Nigerian National Petroleum Corporation (NNPC) to sell PMS to independent marketers the same price it sells to its affiliate stations.

At the rate of N145 per litre the independent marketers and NNPC affiliate stations are now selling at the same price.

He noted that at the price independent marketers can now compete with the NNPC.

Post a Comment