Institute of Petroleum Studies

May 2nd, 2021 About the Bulletin

• About the Bulletin This bulletin is written by students of the Centre for Oil and Gas

• Liquefied petroleum gas as an essential commodity Technology at IPS.

• IPS Quiz -01 The content and views expressed in this document reflect only

• Petroleum Updates the opinion of the authors and not of the School.

LIQUEFIED PETROLEUM GAS AS AN ESSENTIAL

COMMODITY

Liquefied petroleum gas (LPG) is a mixture of flammable • Increase in production and availability of the
hydrocarbon gases such as butane, propane emitted as gas
byproducts of oil or gas production process. LPG which • Lower cost of purchase
weighs twice as much as air is colorless, odorless and LPG use cuts across residential, industrial/
non-toxic but if inhaled in considerable amount might commercial, transport & non-energy sectors. The
cause anesthetic effect. With the increase in energy chart below describes the various level of demand
demand, liquefied natural gas has been on the spotlight for LPG from these sectors.
due to its vast area of applications. As a fuel, it is heavily
utilized in homes for heating and cooking, used in
automobiles, refrigeration, agricultural and catering
industry. This shift in paradigm in liquefied petroleum
gas usage is dependent on some key factors; LPG
consumption in house-holds is increasing considerably
due to a number of factors;
• Increase in awareness of its potentials

IPS Quiz -01

Petroleum Updates
1. List 3 valves on a Christmas tree
Crude oil spot prices rise:
2. The world’s top five crude oil-producing
WTI - $63.58 Brent - $66.76
countries are?
UK Nat Gas - $2.931 Bonny Light - $64.99
3. 1 barrel crude oil is -------Litres
DPR commits to deepening human capacity in
Nigeria’s oil industry