2021 Oil & Gas LPG Industry Report

Overview of the Report

The global economy was disrupted by the COVID-19 pandemic in 2020 which led to border closures and other lockdown measures in most countries. While some industries were adversely impacted by this, the global Liquefied Petroleum Gas (LPG) market stood tough, upheld by regions like India and China which had increased cooking, heating and petrochemical needs. Similar to the global LPG landscape, the Nigeria LPG market was resilient despite the coronavirus induced lockdown measures with consumption level hitting a new high to stand at about 1 million Metric Tonne Per Annum (MTPA) in 2020. This momentum has been sustained into 2021 demonstrating the emerging nature of the LPG market in Nigeria. Nevertheless, while it is clear that the country has come a long way from the 1,296 MTPA demand recorded in 2007, there is still a significant gap to be covered. This report provides an in-depth analysis of the LPG segment of Nigeria’s oil and gas industry.

The Liquefied Petroleum Gas Industry report provides answers to questions on:

  • The impact of COVID-19 on the global and Nigerian LPG Industry
  • The size and domestic LPG supply and demand dynamics
  • Price trends and major price drivers
  • The key risk areas and opportunities
  • The Industry’s financial economics
  • Outlook for the Industry in the near-term


  • Reviews the Industry value chain and dynamics
  • Assesses the competitive landscape
  • Tracks the regulatory and policy environment as well as its impact on the Industry
  • Highlights key trends and developments within the past year
  • Examines prevalent challenges within the Industry
  • Analyses the Industry’s strengths, weaknesses, opportunities and threats (SWOT)