WAGL Energy Limited, the joint venture between the Nigerian National Petroleum Company Limited (NNPC) and Sahara Group, has announced a major expansion of its fleet, now exceeding 160,000 cubic meters.
In a statement shared on its official X handle on Monday, NNPCL said the development cements WAGL’s role as one of Africa’s top Liquefied Petroleum Gas (LPG) suppliers.
“WAGL Energy Limited, a joint venture between the Nigerian National Petroleum Company (NNPC) Limited and the Sahara Group, now boasts a robust fleet exceeding 160,000 cubic meters. WAGL Energy Limited is driving Africa’s access to reliable and clean energy through sustainable LPG supply, extending its impact across the continent and beyond,” the company noted.
The fleet expansion is part of NNPC’s $1 billion investment plan designed to advance the government’s “Decade of Gas” initiative and accelerate Nigeria’s energy transition.
Formed in 2013, WAGL Energy (formerly West African Gas) was created to manage the marketing and trading of natural gas liquids. Since then, it has delivered multiple projects, including the acquisition of new LPG vessels in 2022 and a maintenance agreement for the Escravos Oil Terminal in 2024.
Sahara Group’s Head of Corporate Communications, Bethel Obioma, said earlier that the additional vessels, MT BARUMK and MT SAPET, had pushed the JV’s investment above $300 million, edging closer to its $1 billion commitment by 2026.
The ongoing projects, including the LPG Expansion Plan, are aimed at achieving 5 million metric tonnes of LPG consumption in Nigeria by 2025, covering households, power, auto-gas, and industrial uses.
