Yemisi Izuora
The Nigerian Liquified Natural Gas (NLNG) is embarking on new initiatives that will guarantee price and long term Liquified Natural Gas (LPG) market stability.
Apart from enhanced stakeholder collaboration to achieve the desired goal, the NLNG, while acknowledging industry concerns, said it is adopting new measures to improve operational efficiency in meeting market demands.
The NLNG, says it plans to enhance engagement and improve operational efficiency of its LPG supply through digitalisation of some of its processes which include a new platform designed to streamline regulatory processes, optimise risk management, and enhance the buyer experience.
The platform will feature IT-supported relationship management, automated issue resolution, centralised real-time payments, and improved case management systems, ensuring a seamless supply process despite market shifts and external pressures.
Speaking during an engagement with stakeholders in Lagos, Tolulope Longe, Manager, Commercial Contract Management, reiterated that the planned improvements will enable and consolidate NLNG’s resolve to delivering 100 per cent of its LPG supply to the Nigerian market.
She said a strategic roadmap was in play to ensure the achievement of NLNG’s longstanding goals of LPG being accessible and available in the country, aligning with its vision of being a globally competitive energy company, improving lives sustainably.
She also harped on the significance of these improvement initiatives and the Company’s push for LPG utilisation as a clean energy source alternative to kerosene and other fossil fuels
Longe noted that the Company remained focused on growth and sustainability of the LPG market by continuously enhancing its supply processes in collaboration with offtakers.
While reiterating the firm’s commitment to working closely with its stakeholders to improve operational efficiency in domestic Liquefied Petroleum Gas (DLPG) supply to the country, she said the NLNG aims to strengthen stakeholder engagement and improve market efficiency in the LPG sector through enhanced customer interactions, minimised schedule disruptions, timely confirmations and deliveries, and prioritisation of customers with demonstrable capacity.
As it adapts to market realities, NLNG remains committed to driving sustainability and delivering lasting value to Nigerians.