Liquefied Petroleum Gas is widely consumed in Nigeria today b9 the Industrial Sector and for domestic use in homes. The demand is or the increase and the business has high profit margins.
For this reason General Oil Limited will establish an LPG plant to get a fair share of this rapidly expanding market as well as ensuring a wider distribution of the product country- wide.
The plant will be a very simple one comprising of basic equipment like: 50,0€D liters surface tank with two or more filling points, safety values, pressure gauge, thermometer, flow valves, magnetic level gauge, weigh scales, LPG pumps and roller conveyor. There will also be an LPG semi-trailer on the tractor for conveying LPG from the refineries to the plant.
The plant will have an initial production capacity of TOO x 12.5kg cylinders per hour and the capital outlay is estimated at N 2.0 million.