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NNPC subsidiary expands fleet beyond 160,000 cubic meters

WAGL Energy Limited, a joint venture between NNPC Limited and Sahara Group, has expanded its fleet capacity to over 160,000 cubic meters.

In a statement on X (formerly Twitter) on Monday, NNPC said the move reinforces WAGL Energy’s role as a leading supplier of Liquefied Petroleum Gas in Africa.

The company noted that the expansion aligns with its vision to deliver sustainable and affordable energy to homes, businesses, and industries.

“WAGL Energy Limited, a joint venture between the Nigerian National Petroleum Company (NNPC) Limited and the Sahara Group, now boasts a robust fleet exceeding 160,000 cubic meters. WAGL Energy Limited is driving Africa’s access to reliable and clean energy through sustainable LPG supply, extending its impact across the continent and beyond,” NNPCL said in a statement.

In July 2024, NNPCL signed a maintenance agreement with WAGL Energy for a major crude oil terminal in Delta State.

According to NNPCL, its downstream subsidiary, the Nigerian Pipelines and Storage Company Limited, signed an agreement with WAGL Energy to provide operation and maintenance services for the Escravos Crude Oil Terminal facility.

WAGL Energy Limited, a joint venture between NNPC and Oceanbed (a Sahara Group company), is spearheading NNPC’s five-year $1 billion investment plan aimed at advancing the Decade of Gas initiative and supporting Nigeria’s energy transition agenda.

Incorporated in March 2013, West African Gas was established as a joint venture between NNPC LNG Ltd, a wholly owned subsidiary of NNPC, and Ocean Bed Trading Ltd, a leading oil and gas trading company.