Downstream plays a strategic role in ensuring energy security in Lagos State
Lagos State is a major strategic hub for the downstream petroleum sector in Nigeria in terms of import terminals and consumption volumes.
With our vision to become commercially viable, create jobs and contribute to Lagos State’s economic development, IOGC is committed to delivering value-added quality services to both internal and external customers, while ensuring that our operations are managed efficiently in a safe and sustainable manner.
IBILE Oil & Gas Corporation’s downstream operations spans across the supply value chain of procurement, storage, transportation and distribution.
MAX2050 (SAE 20W 50) high performance multigrade engine oil and IBILE SYN (SAE 5W 30) fully synthetic lubricant; both high quality engine oil formulated for diverse applications and suitable for the local climate.
Liquified Petroleum Gas (LPG) is a clean-burning, low carbon fossil fuel, emitting virtually no soot and produces extremely low levels of carbon dioxide. Its unique properties make it a versatile energy source which can be used in more than 1,000 different applications including Cooking.
LPG is affordable, accessible, available and acceptable for cooking. It is also safe, economically viable and environmentally friendly.
The benefits of using LPG in Lagos State are numerous, ensuring a positive impact on our environment, health and economy.
Deepening the Use of Liquified Petroleum Gas (LPG) for Cooking
Cleaner Energy Solution Awareness Campaign
In line with the current administration’s THEME agenda, “transforming Lagos into a 21st century state” is paramount and one of the strategies in achieving this objective is through the cleaner energy solutions initiative. Lagos state has over the years employed various measures in ensuring that it is indeed cleaner and safer for habitation. Such measures include the adoption of Liquefied Petroleum Gas (LPG) for domestic purpose in the State; a scenario that is believed will go a long way in reducing considerably the carbon footprints and invariably address the climate change challenges of the State.
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Currently, Lagos State with a population of over 20 million people has less than 35% household use of Liquefied Petroleum Gas (LPG) for cooking, an abysmal figure for a developing megacity, as a high margin of the population still relies on dirty fuels such as, firewood, kerosene and charcoal for cooking.
IOGC in collaboration with The Lagos State Ministry of Energy and Mineral Resources, The National LPG and Gas Expansion Implementation Program, Lagos State Environmental Protection Agency (LASEPA), Safety Commission, The Standards Organization of Nigeria, The Department of Petroleum Resources (DPR), and other strategic stakeholders have a singular objective to deepen the use of Liquefied Petroleum Gas (LPG) for domestic use in Lagos State via a focused LPG Cleaner Energy Solutions Awareness & Sensitization program across the State with multiple stakeholder community.
We will aim to increase LPG household usage from 35% to 80% by 2023
Promote LPG as a clean burning fuel that provides smoke free indoor cooking and can also help reduce outdoor and urban air pollution
Contribute significant reduction of carbon (CO2) emission / footprint (LPG is 50% lower than coal and 20% lower than heating oil)
LPG will be a driver for economic growth and job creation opportunities
Enhance quality of life for Lagos residents
Our priority is to substantially enhance the conversion of Lagosians using biofuels to LPG which is a cleaner and more efficient cooking fuel.
Ensure the availability, accessibility, affordability and acceptability of Liquified Petroleum Gas (LPG) to the end user
IOGC Gas will deploy State-wide supply, retail and filling Liquified Petroleum Gas (LPG) Skid stations and plants, with robust distribution network (creating jobs) at strategic locations across the five divisions of Lagos State (Ikeja, Badagry, Ikorodu, Lagos Island and Epe). The filling plants and skids will offer end users the opportunity to easily access gas to refill their cylinders at a consistently stable price with high safety standards.
IOGC has formed a strategic partnership with a technology solution provider, to develop statewide solutions for cleaner alternative fuel for transportation i.e. CNG (Compressed Natural Gas), LNG (Liquefied Natural Gas) and LPG (Liquefied Petroleum Gas). The solution will include Availability, Affordability of gas supply and Accessibility to filling stations at a consistently stable price with high safety standards.
Gas is an economic driver for growth in Lagos State. IOGC will Collaborate with credible partner(s) to develop Gas in underserved areas of Lagos State with robust physical and virtual pipeline supply network distribution to drive economic growth and create jobs across Lagos State.