Asiko Energy Launches New Gas Terminal in Lagos

Asiko Energy Holdings Limited unveiled its new tri-fuel gas terminal in Ijora, Lagos, designed to integrate Liquefied Petroleum Gas (LPG), propane, and Liquefied Natural Gas (LNG) on a single site. The terminal, with a capacity of 5,000 metric tons, was completed four years after construction began in 2022 and marked a significant milestone in Nigeria's gas logistics and supply security.

Chairman Mr. Alex Ogedegbe stated that the terminal addresses critical market gaps in storage, marine access, and truck-out capabilities, enhancing product availability for households and businesses. The facility connects to Apapa Port via a 1.7 km pipeline and features five mounded propane-rated tanks.

Mr. Adeleye Falade, Managing Director of Nigeria LNG Ltd., highlighted the need for additional infrastructure to meet growing demand, noting that NLNG produced 500,000 tonnes of LPG in 2025, covering 40% of national demand. Managing Director Mr. Felix Ekundayo emphasized overcoming engineering challenges to deliver the project.