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08024545197Nigeria's cooking gas market is showing stronger signs of price moderation as increased imports continue to boost product availability, with the latest depot prices in Lagos suggesting that consumers could see further reductions in retail prices if the lower wholesale costs are transmitted through the distribution chain.
Nigerian households are beginning to enjoy relief from months of soaring cooking gas prices as the cost of Liquefied Petroleum Gas (LPG) has fallen from about ₦2,200 per kilogramme to around ₦1,500/kg, representing a 31.8 per cent decline on improved supply and coordinated interventions across the domestic market.
Liquefied Petroleum Gas (LPG) prices are beginning to soften across Lagos as fresh product arrivals and rising inventories improve supply conditions in Nigeria's cooking gas market. The increase in available volumes has eased procurement pressure on marketers and strengthened expectations of further price moderation in the coming weeks.
Nigeria is set to increase imports of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, to address a projected supply deficit of 165,000 metric tonnes in the third quarter of 2026, as authorities move to prevent shortages and stabilise prices in the domestic market.
Jet fuel markets are once again under strain globally, with airlines facing renewed cost pressures as refining margins surge and price volatility intensifies across key trading hubs. The International Air Transport Association (IATA) has warned that the impact is uneven across carriers, largely depending on their ability—or inability—to hedge fuel exposure.
Nigeria’s downstream petroleum supply chain recorded fresh vessel activity between March 10 and March 12 as multiple tankers carrying Premium Motor Spirit (PMS), Automotive Gas Oil (AGO),
Nigeria LNG Ltd (NLNG) is pushing forward with an ambitious fleet upgrade, entering advanced negotiations with China’s Hudong Zhonghua Shipbuilding for a new series of mid-scale LNG carriers move signals what industry experts describe as “a renewed phase of strategic fleet modernisation” for Africa’s largest LNG exporter. NLNG Targets Modern Fleet to Strengthen Global Competitiveness
The Liquefied Petroleum Gas (LPG) market is entering a fresh wave of tension as Lagos depots report zero availability of butane and propane. Petroleumprice.ng can confirm that none of the depots in the commercial hub currently have LPG in stock. At present, only Stockgap Depot in Porth-Harcourt is selling at ₦870 per kilogram. This development
Despite a sharp decline in depot prices of Liquefied Petroleum Gas (LPG), retail sellers across major Nigerian cities continue to sell cooking gas at inflated rates, sparking concerns over pricing transparency and consumer exploitation. Findings by Petroleumprice.ng reveal that depot prices in Lagos and Port Harcourt have dropped significantly, yet consumers in states like Ogun,
Natural gas remains a vital energy source across the globe, fueling power plants, heating homes, and supporting industrial processes. While many countries tap into this resource, just a few hold the lion’s share of what’s beneath the surface. A new analysis, using data compiled by the U.S. Energy Information Administration via the Oil & Gas
In a major step toward clean energy, the Federal Government plans to distribute five million Liquefied Petroleum Gas (LPG) cylinders by 2030. This effort supports Nigeria’s energy transition under the Decade of Gas initiative. North-West Rollout Signals New Phase The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, announced the plan in Sokoto. He
As LPG adoption continues to rise across Nigeria, cylinder safety remains a serious concern. Many consumers, unaware of key guidelines and expiration rules, continue using old cylinders, putting lives and property at risk. The Standards Organisation of Nigeria (SON) emphasizes that steel LPG cylinders carry a 15-year lifespan and must be requalified every 5 years
As gas-powered stoves remain a staple in homes across Nigeria and the world, their convenience often overshadows the safety risks they pose when misused. While gas burners offer fast, efficient cooking, even minor negligence can lead to serious accidents. Therefore, understanding and applying basic safety practices is crucial for protecting your home and loved ones.
Cooking gas prices in Nigeria surged by 16.01% between March and April 2025, driven by rising import costs, distribution challenges, and growing demand for clean energy. A new market analysis based on nationwide retail tracking reveals stark price differences across states, with some households paying nearly ₦4,000 more than others for a 12.5kg cylinder. The
With cooking gas costs now exceeding ₦1,000 per kilogram across Nigeria, families and small businesses are urgently seeking ways to cut down on LPG expenses. Once a preferred alternative to kerosene and firewood, Liquefied Petroleum Gas (LPG) is quickly becoming unaffordable due to import disruptions, forex scarcity, and rising global energy prices. In this guide,
Despite a recent dip in global crude oil benchmarks, Liquefied Petroleum Gas (LPG) prices in Nigeria have defied expectations, surging across key depots nationwide. This unexpected rise is raising eyebrows, especially as Brent crude and WTI prices hovered at $67.11 and $63.30 per barrel, respectively, showing no upward momentum. LPG Prices in Nigeria Surge Across
A gas leak is a serious emergency that requires immediate action. Whether it’s natural gas or propane, leaks can lead to fires, explosions, and health hazards. Recognizing the signs and responding quickly can prevent disasters. Here’s a step-by-step guide on what to do if you smell gas. Step 1: Evacuate the Area Immediately The moment
The Federal Government is ramping up initiatives to address energy shortages in Nigeria’s North-East by driving the adoption of Liquefied Petroleum Gas (LPG), positioning it as a viable and eco-friendly alternative to conventional cooking fuels. Speaking at the launch of the North-East Decade of Gas Clean Cooking (LPG) Grassroots Penetration Programme in Maiduguri, Borno State,
Nigeria’s reliance on Liquefied Petroleum Gas (LPG) has grown significantly, with households and businesses alike turning to LPG as a cleaner and more efficient energy source. However, one critical aspect of LPG safety is often overlooked: the expiry dates of LPG tanks. These dates mark the end of a tank’s safe operational lifespan, after which
Indigenous Nigerian oil and gas operators have noted that the divestment by international oil companies (IOCs) from Nigeria’s onshore and shallow water terrains could enable the country to unlock over 500 million barrels of oil and more than three trillion cubic feet (TCF) of gas reserves if the transition is effectively managed by the government.
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