FG BACKS NLNG’S SUSPENSION OF COOKING GAS EXPORTS

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NLNG to boost gas supply by 100% in local markets
NLNG to boost gas supply by 100% in local markets

The Federal Government on Monday endorsed and commended the Nigeria Liquefied Natural Gas Limited (NLNG) for its decision to suspend the export of liquefied petroleum gas, popularly called cooking gas, while approving 100 percent domestic supply of the product.

The Minister of State for the Environment, Sharon Ikeazor, said the initiative was a welcome development and a step in the right direction that would not only bring down the price of the commodity but also bring relief to Nigeria’s forests and ecosystem.

“For us in the environment sector, this singular decision will not only help in restoring our forests and in addressing some of our climate challenges, but also facilitate the attainment of our Nationally Determined Contribution (NDC) and other aspects of the Paris Agreement. We in the environment sector strongly support and believe that by making gas available and affordable, being the cleanest of the fossil fuels, Nigeria is now set towards cutting down on its carbon emissions drastically, thus playing a prominent role during the current energy transition period.” said the Minister

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