Gas equalisation, downstream automation top priority, says PEF (Guardian)

The Federal Government through the Petroleum Equalisation Fund (PEF) has in Abuja, revealed plans to kick-off equalisation of Liquefied petroleum gas (LPG) otherwise called cooking gas in an attempt to tackle deforestation and other environmental hazards.

Speaking at a media workshop organised by PEF, Executive Secretary of the organisation, Ahmed Bobboi, who disclosed that the equalisation would be done through railway networks, noted that necessary approval have been granted.

Bobboi equally said contractors have been mobilised, while necessary equipment were being constructed to automate downstream activities in the country, especially the supply of petroleum products across the nation.

On completion, he stated that the country would be able to ascertain the actual demand and supply of the products across the nation, thereby providing accurate data that would enable government and the private sector to plan as well as reduce product hoarding and smuggling. Read more

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