WAGL Energy Fleet Expansion Reinforces Africa’s LPG Supply Chain
WAGL Energy Limited, the strategic joint venture between Nigerian National Petroleum Company Limited and Sahara Group, has expanded its shipping capacity beyond 160,000 cubic meters, strengthening its position as a key LPG supplier across Africa. The expansion aligns with long-term goals of promoting accessible, affordable, and sustainable energy for households, businesses, and industries.
The growth follows several major developments, including NNPCL subsidiary Nigerian Pipelines and Storage Company Limited’s agreement with WAGL to operate the Escravos Crude Oil Terminal in Delta State. Previous investments exceeded $300 million with the delivery of MT BARUMK and MT SAPET vessels, moving toward a $1 billion infrastructure target by 2026.
The expansion supports broader initiatives including the LPG Penetration Framework and Expansion Plan, designed to push national LPG usage to 5 million metric tonnes by 2025.
Source: news.ng