In line with the federal government’s gas infrastructure development plan, Masters Energy Oil and Gas Limited has embarked on an audacious project of about $500 million for gas storage.
The project includes the construction of a 20,000MT gas storage in Port Harcourt, over 200 gas refilling outlets, over 2000 retail gas exchange outlets, bulk distribution trucks for LPG transportation and a dedicated vessel for coastal operations.
The project includes the construction of a 20,000 metric tonnes (MT) gas storage in Port Harcourt, over 200 gas refilling outlets, over 2000 retail gas exchange outlets, bulk distribution trucks for LPG transportation and a dedicated vessel for coastal operations.
We have a running 65MT LPG plant in Lagos, 50MT LPG plant in Enugu, and we are still constructing more. We also have 4 skid plants in Port Harcourt, Rivers State.
We have approval to Construct a gas storage terminal in Port Harcourt.
We also have a bulk purchase agreement with NNPC and Masters FOB Sales agreement with NLNG.