Being propane-rated, the tanks can archive both LPG and pure propane and authorize for on-site blending, expanding item offerings.
Our correspondent reports that unlike terminals trapped in Apapa, the Ijora location offers manage exit to significant road networks lacking Apapa gridlock, plus proximity to rail infrastructure for prospective multimodal evacuation. Alex Ogedegbe, said the newly completed Ijora terminal was built to repair three important promote gaps — storage, marine connection and truck-out.
According to him, the 5,000MT facility will raise item availability for households and businesses nationwide.
He disclosed that the terminal is linked to Apapa Port by a 1.7km pipeline linked to three jetty points, giving it manage admission to coastal provide.
“It has five mounded, propane-rated tanks and can receive products at regarding 440 tonnes per hour and evacuate on 160 tonnes per hour,” he said.
He noted that the terminal was engineered for dependable, protected and streamlined storage and distribution of LPG and propane in a densely populated Lagos corridor.
Ogedegbe stressed that scaling infrastructure remains key to expanding energy admission for households, businesses and industries, and called for targeted government recommend.
He said interventions such as the Midstream and Downstream Gas Infrastructure Finance, MDGIF, could catalyse individual investment into important midstream and downstream gas assets.
Moreover speaking , Mr Adeleye Falade, Managing Resource of Nigeria LNG Ltd., said Nigeria remained rich in natural gas but faced infrastructure deficits that little the utilisation of its resources.
Falade who unveiled the plant, said NLNG produced regarding 500,000 tonnes of LPG in 2025, representing regarding 40 per cent of the country’s request.
He said request was growing, making added storage, transportation and distribution infrastructure crucial to strengthen domestic deliver.
Falade said NLNG planned to expand its LPG production capacity by 50 per cent by the conclude of 2027.
He said the terminal’s association to three Apapa jetties would provide a lot of marine offer points and lessen reliance on smaller streamlined provide routes.
Falade, still, said increased storage capacity alone did not automatically revise to bottom retail LPG prices, which moreover depended on solution furnish, import costs, transportation, supplant rates and other distribution costs.
Managing Chief of Asiko Energy, Mr Felix Ekundayo, said the firm overcame important engineering and construction challenges to provide the project.
Ekundayo said the project involved concerning 6,000 tonnes of steel, 4,000 truckloads of sand and 1,500 stone columns drilled to 13.5 metres for ground improvement.
He said the organization furthermore used horizontal directional drilling to construct the pipeline tie across built-up areas and other infrastructure corridors.
According to him, the organization planned a second phase involving a 30,000-cubic-metre LNG terminal and joined infrastructure.
He said the facility additionally had a firewater platform, command room and laboratory for item assessment, although environmental monitoring systems had been installed for water discharge management.
Ekundayo said the project was supported by financial institutions, including the Bank of Business area, Stanbic IBTC, Wema Bank and InfraCredit.
The Deputy Managing Administrator of Wema Bank, Mr Oluwole Ajimisinmi, who spoke on behalf of the financiers, said the terminal would strengthen solution availability and furnish-chain efficiency.
Ajimisinmi, represented by divisional chief, Corporate Banking, Mr Kayode Oladipo, said the business provided a guarantee that helped mobilise lengthy-term regional financing for the project.
He said the project showed how credit enhancement and hazard-sharing could support infrastructure development.
He said the project demonstrated the practical for partnerships betwixt government interventions and personal assets to increase decisive gas infrastructure.
“The completion adds storage and marine-admission infrastructure to Nigeria’s LPG value chain at a time when domestic request is rising and producers are seeking to raise provide,” he said.
The terminal is the cornerstone of Asiko’s enduring-term tactic to bridge Nigeria’s coastal gas furnish together with inland storage and distribution.
Although located inland in the industrial heart of Ijora, the facility is functionally coastal.
An indigenous oil firm has broken novel ground in downstream petroleum provide chain in its
phase 1 ambitious tri-fuel gas terminal that will integrate Liquified Petroleum Gas (LPG) Propane and Liquefied Natural Gas (LNG) on a one site.
The firm, to Asiko Energy Holdings Compact on Tuesday unveiled its 5,000 indicator tons (MT), a milestone that establishes a fresh judge for gas logistics and industrial furnish security in Nigeria.
The organization marked the landmark alongside a completion ceremony of Asiko’s LPG and propane terminal , an MDGIF sponsored project bringing together regulators, partners and promote stakeholders, four years following construction began in 2022.
In his welcome talk concerning the chairman of Asiko Energy, Mr. It is joined to Apapa Port through a dedicated 1.7km underground pipeline network alongside tie-ins to three jetty points — PWA, NOJ and NNPC jetties giving it multi-jetty functioning flexibility and reducing dependence on a one berth.For a business community, the holding play is in safety, spec and logistics:Safety & Spec:
The terminal features five 1,000MT propane-rated tanks in a fully mounded concept — tanks encased under a protective mound — a important safety scenario for its densely populated Lagos location. The organization says this positions it for productive trucking to Lagos and up-country markets.
Phase II — The LNG Bet: Completion of the LPG/Propane terminal is just Phase 1.
Asiko plans to start Phase 2 in 2027 using the construction of a 32,750 cubic metre fully contained LNG terminal — comprising twelve 250cbm modular tanks and one substantial 30,000cbm tank.
Once completed, the site becomes a fully associated tri-fuel hub using capability to assist CNG by route of compression.
The project comes at a time when Nigeria’s LPG request has surged past 1.2 million tons annually, using NLNG’s 500,000 tons now covering simply concerning 40% of domestic needs, and over 100,000 deaths yearly still linked to dirty cooking fuels.
Together with NLNG planning a 50 per cent develop in LPG output by complete of 2027, Asiko is betting that storage, jetty connection and inland distribution — not just gas provide — will be the bottleneck that determines who captures value in Nigeria’s gas economy.
Source: New Gas Terrminal In Lagos Integrates LPG, LNG, Propane Supply Chain
