In a move to deepen the adoption of LPG, create more jobs, create a healthy and clean environment, empower women and youths, as well as the development of local content, the Federal Executive Council (FEC) in 2017 approved the National LPG Expansion Policy Framework with a five year action Plan. This Policy Framework is aimed at eliminating the four key challenges hindering LPG adoption in Nigeria, namely: Accessibility, Availability, Affordability and Awareness.
In a patriotic response towards assisting government achieve these objectives, Techno Oil undertook an industry-wide survey on the emerging opportunities in the LPG sector in line with government programmes. This led to strategic investments such as the 8,400 MT LPG Coastal Storage Terminal which was commissioned in October 2019. The 5 million annual production capacity LPG Cylinder Manufacturing Plant commissioned by the Vice President Prof. Yemi Osinbajo on June 7, 2019.
Techno Oil in the last five years had procured and deployed 50 units of LPG Skid Stations. Techno Oil in the last ten years has set up 10 bottling/filling Plants with a combined capacity of 2,000 MT.
Below are details of our strategic investment across the LPG value chain:
The Techno Oil 8,400 MT LPG Coastal Storage Terminal has the capacity to load out 6,000 MT (300 Trucks of 20MT/load) daily. This Facility was commissioned in October 2019.
Our ultra-modern LPG Cylinder Manufacturing Plant, with an annual installed production capacity of over 5 million Cylinders was unveiled by the Vice President Prof. Yemi Osinbajo on June 7 2019. This Plant has a complete production line with state of the art laboratory and modern testing equipment to ensure quality and safety.
Between 2002 to date, Techno Oil has established six LPG Bottling/Filling Plants across the country, with a combined capacity of 2000 MT. These Plants are responsible for the daily refill and distribution of over 24,000 bottles of 12.5kg LPG cylinders across Nigeria for both domestic and commercial uses.
Our commitment to eliminating the challenges of accessibility and availability led us to the procurement and deployment of 50 units of high-tech LPG Skid Mounted Tanks, with a view to ensuring the penetration and deepening of LPG adoption in Nigeria.
To ensure steady supplies and product availability to all our retail outlets, and third-party clients who load from our Terminal, Techno Oil procured brand new 50 units of 27 MT LPG haulage trucks.
Our innovative approach to service delivery was the driving force behind the establishment of 20 SWAP ‘N’ GO CENTERS in our Filling Stations. TechnoGas Swap ‘N’ Go is an exchange and distribution hub created to insulate our valued customers from the hassles associated with cylinder refilling processes at filling Plants. This model allows a customer with TechnoGas cylinder to visit any of our centres and exchange the empty cylinder with a filled one.