{"id":144426,"date":"2022-02-04T21:26:41","date_gmt":"2022-02-04T20:26:41","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=144426"},"modified":"2022-02-04T21:26:41","modified_gmt":"2022-02-04T20:26:41","slug":"nurc-explains-reason-for-crash-in-price-of-cooking-gas","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/02\/04\/nurc-explains-reason-for-crash-in-price-of-cooking-gas\/","title":{"rendered":"NURC explains reason for crash in price of cooking gas"},"content":{"rendered":"<p>The Nigerian Upstream Regulatory Commission (NURC) has explained the reason for the reduction in the price of cooking gas.<\/p>\n<p>WITHIN NIGERIA gathered that <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/10\/cooking-gas-may-rise-to-n10-000-in-december-marketers-warn\/\">cooking gas<\/a> which was sold for as much as N800 in some parts of the country a few months ago now sells for about N600 per kilogram.<\/p>\n<p>Speaking on the latest development, the Port Harcourt Zonal Director of NURC, Professor Godday Ineh said the latest \u201d strategy \u201cby the Nigeria Liquefied Natural Gas NLNG to increase by 100% the supply of gas to the local market helped to crash the price.<\/p>\n<p>Professor Ineh explained that the move is designed to increase LPG availability in Nigeria, diversify its use and support the federal government\u2019s Decade of Gas initiative<\/p>\n<p>Ineh, who is also the zonal controller of the Nigerian Upstream Regulatory Commission said \u201cNigeria is becoming self-sufficient in the LPG supply chain\u201d.<\/p>\n<p>He said, \u201cit Is the strategy of NLNG to target the domestic market by supplying LPG, because if there\u2019s availability, the prices will now become affordable\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Upstream Regulatory Commission (NURC) has explained the reason for the reduction in the price of cooking gas. WITHIN NIGERIA gathered that cooking gas which was sold for as much as N800 in some parts of the country a few months ago now sells for about N600 per kilogram. Speaking on the latest development, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":122627,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[17520,3024,3924,29329,29330,7760],"class_list":["post-144426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-cooking-gas","tag-crash","tag-explains","tag-nurc","tag-price-of-cooking-gas","tag-reason"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NURC explains reason for crash in price of cooking gas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2022\/02\/04\/nurc-explains-reason-for-crash-in-price-of-cooking-gas\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NURC explains reason for crash in price of cooking gas\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Upstream Regulatory Commission (NURC) has explained the reason for the reduction in the price of cooking gas. WITHIN NIGERIA gathered that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2022\/02\/04\/nurc-explains-reason-for-crash-in-price-of-cooking-gas\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-04T20:26:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/adewale_chocomilo\/2021\/12\/18\/cooking-gas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"719\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Davies Ngere Ify\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@withinnigeria\" \/>\n<meta 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