WAGL Energy Boosts Fleet Capacity Beyond 160,000 Cubic Meters

WAGL Energy Limited, a joint venture between the Nigerian National Petroleum Company (NNPC) Limited and Sahara Group, has announced that its shipping capacity has now surpassed 160,000 cubic meters.

The update was shared via NNPCL’s official X (formerly Twitter) account on Monday, highlighting that the expansion reinforces WAGL Energy’s role as a key supplier of Liquefied Petroleum Gas (LPG) across Africa.

The company explained that the growth aligns with its long-term goal of promoting accessible, affordable, and sustainable energy for households, 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 stated.

This expansion follows several key developments. In July 2024, NNPCL’s subsidiary, the Nigerian Pipelines and Storage Company Limited (NPSC), signed an agreement with WAGL to operate and maintain the Escravos Crude Oil Terminal in Delta State.

Earlier in May 2022, NNPCL and Sahara Group took delivery of two 23,000 CBM LPG vessels — MT BARUMK and MT SAPET — built at Hyundai MIPO Shipyard in South Korea. With these vessels, the joint venture’s investments exceeded $300 million, moving toward its $1 billion infrastructure target by 2026. Sahara Group’s Head of Corporate Communications, Bethel Obioma, explained that the projects form part of broader initiatives such as the LPG Penetration Framework and Expansion Plan, designed to push national LPG usage to 5 million metric tonnes by 2025.