Cooking gas market under pressure as supply shortfall hits 400 metric tonnes daily
By Aboki Forex —
Nigeria's cooking gas market is facing renewed pressure. Retail prices are fluctuating across the country. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the nation has an average LPG stock sufficiency of 11 days.
Latest figures from the NMDPRA factsheet for May 2026 show that supply is available. But growing demand and shortages at depots are straining the market. LPG, popularly known as cooking gas, now has the lowest stock cover among Nigeria's major petroleum products.
The supply shortfall has reached 400 metric tonnes daily. This is impacting market stability. Retail price variations across states reflect ongoing distribution challenges.
For comparison, Premium Motor Spirit (petrol) has a 16-day stock sufficiency. Diesel (AGO) has 31 days. Aviation fuel (ATK) has 94 days. Cooking gas has only 11 days. This low reserve makes the market vulnerable to supply disruptions.
Marketers and consumers are concerned. Demand for cooking gas continues to rise. Without a significant boost in supply, prices may remain unstable in the coming weeks.