By Louis Iba
Techno Oil Limited has sealed a multi-million naira deal with Cakasa Nigeria Limited for the construction of a 12,000 metric tonnes automated Liquefied Petroleum Gas (LPG) terminal in Lagos State. LPG is also known as cooking gas. In recent years the availability of the fuel in sufficient quantity for consumers has been greatly hampered due the absence of storage facilities as the bulk of the LPG used in the country is usually imported, stored and loaded through trucks for onward discharge at retail outlets for end users.
Managing Director of Techno Gas and Power, Mr Collins Onyeama who spoke in Lagos at a ceremony to officially sign the agreement between the two firms said the project was part of effort to boost the utilisation of cooking gas as a source of domestic fuel by many households in the country in place of kerosene and firewoods.
He said the construction of the plant was made possible courtesy of a facility provided by...
Techno Oil, CAKASA seal cooking gas terminal deal
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