Nigeria’s planned halt of propane and butane exports are unlikely to hit the LPG shipping markets hard, with the West African country’s underperforming volumes and questionable ability in following through on such a policy initiative, according to industry officials.
Earlier this month, state-owned Nigerian National Petroleum Corp (NNPC) announced it would divert export cargoes to domestic markets to “crash" local cooking gas prices — but it does not outline how this plan would be enforced.
