Ijora Breakthrough: Asiko Unveils 5,000MT Mounded LPG Terminal With 3-Jetty Link

● Tri-Fuel Ambition Grows: 32,750cbm LNG Hub Next As Nigeria’s LPG Demand Hits 1.2m Tons

● Firm Dumps Apapa Gridlock For Direct Road, Rail Access

Asiko Energy Holdings Limited has accomplished its 5,000MT LPG and Propane terminal in Ijora, Lagos, Phase 1 of its formidable tri-fuel fuel terminal that may combine LPG, Propane and LNG on a single web site, a milestone that establishes a brand new benchmark for fuel logistics and industrial provide safety in Nigeria.

NOP NIGERIA reviews that the corporate marked the landmark with a completion ceremony on Tuesday, September 29, 2026, bringing collectively regulators, companions and business stakeholders, 4 years after development started in 2022, in an MDGIF-sponsored challenge that’s already being described as a mannequin for public-private fuel infrastructure supply.

In his welcome deal with, Chairman of Asiko Energy, Mr. Alex Ogedegbe, mentioned the newly accomplished Ijora terminal was constructed to unravel three crucial market gaps, storage, marine entry and truck-out, which have lengthy choked home fuel availability.

According to him, the 5,000MT facility will strengthen product availability for households and companies nationwide. It is linked to Apapa Port by a 1.7km pipeline related to a few jetty factors, giving it direct entry to coastal provide. “It has five mounded, propane-rated tanks and can receive products at about 440 tonnes per hour and evacuate about 160 tonnes per hour,” he mentioned.

Ogedegbe burdened that scaling infrastructure stays key to increasing power entry and known as for focused authorities assist, noting that interventions such because the Midstream and Downstream Gas Infrastructure Fund, MDGIF, may catalyse personal capital into crucial midstream and downstream belongings.

Also talking, Mr Adeleye Falade, Managing Director of Nigeria LNG Ltd., who unveiled the plant, mentioned Nigeria remained wealthy in pure fuel however confronted infrastructure deficits that restricted utilisation. He disclosed that NLNG produced about 500,000 tonnes of LPG in 2025, representing about 40 per cent of the nation’s demand, with demand rising quick.

Falade mentioned NLNG plans to extend its LPG manufacturing capability by 50 per cent by the tip of 2027 and that Asiko’s connection to a few Apapa jetties, PWA, NOJ and NNPC, would offer a number of marine provide factors and cut back reliance on much less environment friendly routes, although he cautioned that extra storage alone doesn’t robotically imply decrease retail costs.

Managing Director of Asiko Energy, Mr Felix Ekundayo, gave a glimpse of the engineering feat behind the challenge. It concerned about 6,000 tonnes of metal, 4,000 truckloads of sand and 1,500 stone columns drilled to 13.5 metres for floor enchancment, plus horizontal directional drilling to put the pipeline by way of built-up corridors.

He mentioned the ability is fitted with a firewater system, management room, laboratory for product evaluation and environmental monitoring techniques for water discharge administration, and is supported by monetary establishments together with Bank of Industry, Stanbic IBTC, Wema Bank and InfraCredit.

The Deputy Managing Director of Wema Bank, Mr Oluwole Ajimisinmi, represented by Divisional Head, Corporate Banking, Mr Kayode Oladipo, mentioned the terminal would enhance product availability and supply-chain effectivity, including that InfraCredit’s assure helped mobilise long-term native financing and exhibits how credit score enhancement can de-risk fuel infrastructure.

For the enterprise viewers, the asset play is obvious. Safety and spec: 5 1,000MT propane-rated tanks in a completely mounded design, encased below protecting mounds for security in densely populated Lagos, able to storing each LPG and pure propane and permitting on-site mixing to develop product choices.

Logistics is the killer edge. Though situated inland in industrial Ijora, the terminal is functionally coastal through its 1.7km underground pipeline community, however not like terminals trapped inside Apapa, it affords direct exit to main street networks with out Apapa gridlock, plus proximity to rail for future multimodal evacuation to up-country markets.

Phase II is the larger wager. Asiko plans to start in 2027 development of a 32,750 cubic metre absolutely contained LNG terminal, comprising twelve 250cbm modular tanks and one giant 30,000cbm tank, making the location a completely built-in tri-fuel hub able to supporting CNG through compression.

The timing is strategic. Nigeria’s LPG demand has surged previous 1.2 million tons yearly, NLNG’s 500,000 tons now covers solely about 40% of home wants, and over 100,000 deaths yearly are nonetheless linked to soiled cooking fuels. Asiko is betting that storage, jetty entry and inland distribution, not simply fuel provide, would be the bottleneck that determines who captures worth in Nigeria’s fuel economic system.

NOP NIGERIA