A liquefied petroleum gas (propane) storage tank is a pressure vessel used to store the major component media, liquefied petroleum gas (propane). At 50°C, the storage medium's saturation vapour pressure is less than or equal to 1.63MPa, and H2S solubility is less than 7.7mg/L. Above-ground storage tanks and subsurface storage tanks are the two types. LPG is suitable for both domestic and industrial usage, but it can be dangerous if you don't utilise it properly or follow the LPG storage tank requirements. Kiakiagas is a leading company in getting you the best quality of LPG tanks that are manufactured in line with the USA and Nigeria governments’ requirements. You will get to know that there are several specialised techniques to keep and maintain an LPG storage tank that you should never overlook, when you engage us to provide you a quality and durable LPG tanks. We will guide you through the regulations for storage to ensure maximum safety of the product.

 

They range from determining the distance requirements for each tank to determining the condition of space suitable for storage. You should also think about whether you want to store them vertically or horizontally. Before you may handle and even distribute LPG storage tanks, you must first obtain regulatory approval. They must ensure that the facility in which you propose to store the tanks is large enough to accommodate the capacity you require. You must also have a minimum work force to manage the facility and on-site fire extinguishers in the event of a fire, among other things.

 

You can now begin supplying gas to immediate users after you have been cleared. When working with LPG storage tanks, the most significant considerations are storage and handling protocols. These may look cumbersome to you when considering the stress involve in getting you cleared by the authorities involved. Don’t worry! We are by your side. We maintain a cordial relationship due to longtime interaction with the agencies of government involved, therefore, getting approval for the LPG tank you get through us becomes easy. Our team of expertise in the field of safety will first make sure the building where the LPG tanks will be stored is not open to the public. This is among the requirement that should be fulfilled before erecting a tank. LPG may be stored in more than one tank in some instances. Kiakiagas takes care of how the tank will get to you and its fittings, to ensure it meets the requirements of the authorities for safe condition legally.

Things you need to know about LPG Storage tanks

Everything you need to know about LPG Storage tanks include:

Tank Material Selection: The pressure vessel special steel plate with a standard strength is used to construct the LPG storage tank body. Kiakiagas with its team of quality control inspect the type of steel sheet that are used to build your tank. Moreover, we established a partnership with American companies that engage in the LPG tank construction. This is one of the reasons why we offer excellent overall mechanical qualities and process performance, as well as corrosion resistance, high temperature resistance, and overall performance. Similarly, the benefits and drawbacks of steel processing technologies result in varied material qualities and price disparities, thus steel plates produced by large-scale steel mills are used in the formal process.

Points of quality control in the process: To fulfil the process requirements, Kiakiagas quality control team ensures that automatic loop welding equipment with superior technology that ensure the solder joints are stable and that the surface joints are even and smooth. We do not allow welds to cross the horizontal distance between the longitudinal joints of the two cylinders to ensure the safety performance of the LPG storage tank,.

 

Valve fittings and Flange selection: Valve fittings such as manhole covers, safety valves, manual release valves, thermometer level gauges, and other valve fittings are among the LPG equipment we import from our partners abroad. Safety valves, manual release valves, thermometer level gauges, and so on, using brand quality guarantee products, can effectively ensure the safety and inspection of LPG tanks when passing through stages of certification by the authorities.

Process of Heat Treatment: Professional heat treatment equipment with a sealed consistent temperature is required. The length of the heating time must be strictly necessary for the temperature curve to be set. The resistance wire heating treatment procedure should effectively generate relaxation inside the tank body, alleviate various tensions, and ensure that the LPG storage tank body does not bend or leak, thereby extending its service life.

 

Tank Paint Spraying: Sanding and derusting the tank, spraying anti-rust paint, hanging the ion paint, and finally painting the primer and top coat are the steps. The LPG storage tank can be used thanks to advanced paint processing technology. It will not fade after more than ten years of exposure to the elements. It won't come off the paint. It will not rust and will protect the tank from external damage.

 

Siting of the tank: Between the tank and any building, boundary line, or stationary source of ignition, there should be a minimum separation distance (called the separation distance). This should have been checked when the tank was installed, and if you are unclear, the supplier will know what the distance should be. It's possible that the region has changed since the tank was built. Walls could be changed, sheds or fences built, electrical equipment installed near the tank, and trees or bushes planted nearby. These should not be closer to the tank than this minimum distance, and if they are, plans must be made to relocate them. Drains or gullies should not be located near the tank unless a water trap is installed to prevent gas from entering the drains. Because LPG is heavier than air, if a leak occurs in the tank, its controls, or pipes, or when it is being filled, the vapour could collect in an untrapped drain or gully. The igniting of these vapours could result in a fire or explosion. It's also a good idea not to paint the tank any colour other than the one that came with it, as this could increase the amount of heat it absorbs from the sun.

 

The tank's ventilation and the environment around it: In the event of a leak, there should be enough space around the tanks to allow for adequate air flow so that pockets of heavier-than-air LPG vapours do not form. It's also critical to keep the area around the tank clean of trash, especially if it's combustible or could impede ventilation levels. Cut down weeds and grass around the tank for the same reason. If you must use a weed killer, stay away from chlorate-based products (as this can make the dead plants easier to ignite).

 

Access for tankers: A designated level parking place for the tanker transporting LPG should be provided. On delivery days, this parking space should be clear, and people should stay away from the tank and truck while the LPG is being transferred. The LPG supplier will need to ensure that the tanker cannot drive away with the supply hose still attached, and that no electrical sparks are generated by static electricity or other causes. LPG suppliers must verify that their drivers are properly trained and follow the proper protocols.

 

Security: People that aren't connected with the installation, such as workers who aren't responsible for the LPG or site visitors, should stay away from it. Smoking, using electrical equipment, or parking vehicles near the tank are all prohibited. 'No smoking' and other signs should be prominently placed and kept in good condition. Bonfires and barbecues, for example, should not be allowed near the tank. It is permissible to operate grass-cutting equipment in the area of the tank on a temporary basis. Unauthorized entry to the tank should be prevented to limit the risk of purposeful or unintentional interference. Larger tanks require a security barrier to keep them safe. This fence should allow for natural air flow (for example, if it's composed of wire mesh) and be kept in good repair. Unless access to the tank is required, any gates should be kept locked. In the case of tanks with a capacity of less than four tonnes of LPG, a fence may not be required. This can only be justified if the danger of interference is low and there is no uncontrolled public access, such as owing to tank placement or other accessibility issues. Regardless of whether or not the tank is full, the valve covers should be locked.

 

Impact protection: If at all possible, the tank (and its accompanying plumbing) should be placed away from high-traffic areas. Where this is not possible, protection from a motor vehicle striking the tank, such as crash barriers or bollards, is required. This protection is unlikely to be provided by a security barrier and/or road markings (e.g., "no parking" signs, double yellow lines).

 

Arrangements for an emergency: The supplier's emergency number will be printed on the LPG tank and should be phoned if there is a leak. If a fire breaks out, the user should have an emergency plan in place, which should involve removing individuals from the area. In general, call the fire department if there is a fire near the tank that cannot be put out without endangering others. The shut-off valve on top of the tank and the emergency control valve (ECV) should be closed in the case of an emergency and where it is safe to do so.

You could become frustrated and annoyed with the LPG tank and dispensing equipment if the LPG tank and equipment are changed out too frequently. This is true if you have not yet had the opportunity to purchase LPG tank and dispense equipment from Kiakiagas, a company that is connected to the producers of LPG tank and dispense equipment. Among the affiliated American company is the Casper. When you choose Kiakiagas ‘convenience store services for gas plant equipment, you can stay compliant and up to date with a gas plant equipment regulation. We assist you to outfit your location with the LPG tank, dispensing equipment, and hardware necessary to stay in compliance with a gas pump and dispense equipment regulations. We are obsessed with quality. We procure our commercial gas pumps and dispense equipment for high volume applications from affiliated European and American companies and our LPG tank and dispense equipment for high volume applications design is in accordance with European standards.

 

KiakiaGas Limited is a leading Gas business in Lagos, Nigeria with expertise in commercial gas pump and dispenses equipment, LPG retailing, New Gas Market development, building of Gas Plants and Gas strategy advisory. Supply by KiakiaGas provides LPG products and equipment for corporate and institutional clients for the project and operational needs. If you need a partner with hands-on local expertise in the Nigerian Gas space or any of our bespoke solutions/services, kindly Mail hello@kiakiagas.com  to learn more.to learn more.

 

In spite of the hurdles 2020 came with, we were able to record achievements worthy of note. One of which is partaking in the recently concluded Nogtech Incubation and Demo Day program. The Nogtech Incubation program was the next phase for the 5 winning teams at the Nogtech Hackathon. The program was sponsored by the Nigerian Content Development and Monitoring Board (NCDMB), and there was clear professionalism and excellence in all activities we participated in.

Firstly, we appreciate the NCDMB for their financial assistance and their commitment to providing further assistance as the need comes. We appreciate Learners Support Consulting for organizing this amazing initiative. We appreciate our world class facilitators and mentors, who availed themselves to help us with their expertise and their network in both the tech industry and the oil and gas sector. We appreciate our colleagues who participated in the incubation program as we were all of assistance to ourselves.

Into 2021; GAS360 would begin beta testing on a date to be communicated at a later time. We would also release improved versions of our technology to ensure our customers receive the best service possible. This is in line to ensure a commercial roll-out of our highly anticipated product which ensures you never run out of gas. Our product also ensures you have no worries with safety while using LPG.

GAS360 is here to improve your experience with Cooking Gas. We are here for you. Never would you have to run out of gas - ever. Thank you and have an amazing year ahead.

We are pleased to announce KiakiaGas Limited was selected as one of the 10 finalists in the Sahara Impact Fund. The Sahara Impact Fund (“SIF”) was created to support the generation of innovative solutions which will increase access to clean energy, promote sustainable environments all targeted at accelerating attainment of the SDGs in a manner that results in measurable social impact. The program is a strategic partnership between Sahara Foundation, Ford Foundation, LEAP Africa and Impact Investment Foundation.

We appreciate the Sahara Foundation for providing this opportunity for us to improve our corporate governance and social impact as we ensure LPG is more accessible to the last mile customer. We are certain that this fellowship will yield amazing results in our organization. Thank you, and have an amazing festive season. Covid-19 is real; Stay Safe.

 

"Prices have shown a marked drop in the international. However, prices in the domestic markets for LPG is yet to reflect this new trend"

• • International(Mont Belvieu) prices of LPG maintained a generally consistent fall all through the week under review. This trend is related to the growing oversupply situation in the market as storage capacities approach their peak.
• • Prices of LPG at the depot level rose slightly within the week under review. However, the drop in the international price for LPG (Mont Belvieu) is yet to be reflected in depot prices in the domestic market.
• • Prices per kg of LPG at the depots in Nigeria are less than double the prices at the international market. Prices per kg of LPG also increased slightly within the week. However, the rise in prices for LPG at the depot level was higher
• • Regional disparities in the retail prices of LPG within the country continue to persist.

Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

• • The exchange value of the naira to the US. $ was remained stable at N361 to US.$1 throughout the week (Figure D).
• • The foreign reserve is continuing to experience a drop in just like the previous week. A drop of about US$64.8 was recorded in the week under review
• • The slight drop witnessed in the size of Nigeria's foreign reserve has implications for the value of the naira in the days and weeks to come and in turn the landing cost of LPG to Nigeria.
• • For the gas market, purchasing managers report declining inventory, new orders and employment for the month of May 2020.
• • The recently announced 1.8% growth rate for Q1 2020 will boost, at least, temporarily, the confidence of investors and market players of the viability of the Nigerian market.
• • Generally optimistic outlook on the ease of the COVID-19 induced lockdown in major commercial cities will improve overall aggregate demand, especially for commercial LPG end-users.
• • Prices of crude oil in the international market in the week under review showed a marked upward trend, after an initial rise, signalling the gradual return to normalcy in the international market for oil & gas (Figure E).

  

  

  

  The continuous oversupply situation in the international market for Natural gas will likely lead to a continuous drop in prices in the weeks to come.

 

"Prices are beginning to rise in the international market and has remained stable in the domestic market for LPG in the immediately preceding week "

• • International prices of LPG started on a rising note in the week under review and remained high throughout the week.
• • We find only a slight rise in depot price in response to the rise in prices internationally.
• • Prices per kg of LPG at the depots in Nigeria are still well over double the prices at the international market.
• • Regional disparities in the retail prices of LPG within the country continue to persist.

 

Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

• • The exchange value of the naira to the US. $ was remained stable throughout the week (Figure D).
• • Like the previous week, the foreign reserve is experiencing a continued rise in the week under review.
• • The rise in the reserve has implications for the value of the naira in the days and weeks to come and in turn the landing cost of LPG to Nigeria.
• • The composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.
• • For the gas market, managers report declining inventory, new orders and employment.
• • The recently announced 1.8% growth rate for Q1 2020 will boost, at least, temporarily, the confidence of investors and market players of the viability of the Nigerian market.
• • Fluctuations in the prices of crude oil in the international market were not very severe in the week under review. (Figure E)

• • Price stability will remain firmed up as Nigeria's reserve continues to steadily rise.
• • A potential continuous stabilization in the value of the naira might signal stability in domestic LPG prices particularly if oil prices in the international market continue to drop.

 

"Prices remained slightly stable in the domestics market and only slightly less stable in the international market for LPG in the immediately preceding week "

     

•  International prices of LPG started on a rising note in the week under review but ended nearly at the price it was in at the beginning of the week.

• • We find only a slight rise in depot price in response to the rise in prices internationally.
• • Prices per kg of LPG at the depots in Nigeria are still well over double the prices at the international market.
• • Regional disparities in the retail prices of LPG within the country continue to persist.

  

   

  

   

  

  

   

  

  Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

   

  

   

  • • The exchange value of the naira to the US. $ was remained stable throughout the week (Figure D).
  • • for the first time in weeks the gross foreign reserves of Nigeria is experiencing an upward trend. It rose by 1.43% through the week.
  • • The rise in the reserve has implications for the value of the naira in the days and weeks to come and in turn the landing cost of LPG to Nigeria.
  • • The composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.
  • • For the gas market, managers report declining inventory, new orders and employment.
  • • The sharp rise in the price of oil in the international market is due to the wearing out of the impact of the coronavirus pandemic on the global economic activities (Figure E)

     

   

   

  

   

  

   

  

  • • Price stability will remain firmed up as Nigeria's reserve continues to steadily rise.
  • • A potential continuous stabilization in the value of the naira might signal stability in domestic LPG prices particularly if oil prices in the international market continue to drop.

     

    The Nigerian LPG Market is the next success story of the Global LPG industry, if you need a partner with a global perspective and local expertise in the Nigerian and African space, kindly book for a free session with our team of experts to help you http://www.kiakiagas.com/book-session
    Or write us an email at advisory@kiakiagas.com or Whatsapp: +2348085269328

     

     

 

"Prices remained largely stable in the domestics market and only slightly less stable in the international market for LPG in the immediately preceding week "

      

• • International prices of LPG is beginning to exüperience a rise in the week under review.
• • We find a growing divergence between depot prices and the Mont Belvieu LPG(International) prices. We understand the adjustment process to the prevailing international prices will take a few weeks to be reflected in the depot prices.
• • Retail prices versus depot prices have not changed much in the week under review.
• • Regional disparities in the retail prices of LPG within the country continue to persist.

    

Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

 

 

• • The exchange value of the naira remained stable though out the week as prices start to experience a rise after two weeks of mainly downward trend. (Figure D).
• • The gross foreign reserves of Nigeria is continuing a downward trend, however at lower rate. We consider that this may be related to the recent rise in the price crude oil in the international market
• • As noted last week, the composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.
• • For the gas market, managers report declining inventory, new orders and employment.
• • The price Of oil in the international market (Figure E) is beginning to experience a rise in the week under review.

•   The exchange value of the naira remained stable though out the week as prices start to experience a rise after two weeks of mainly downward trend. (Figure D).
• The gross foreign reserves of Nigeria is continuing a downward trend, however at lower rate. We consider that this may be related to the recent rise in the price crude oil in the international market
• As noted last week, the composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.
• For the gas market, managers report declining inventory, new orders and employment.
• The price Of oil in the international market (Figure E) is beginning to experience a rise in the week under review.

• Price of LPG in the domestic market may rise in line with recent rises in international prices of crude oil and the recent easing of the lockdown across major countries of the world.
• We expect a continuous stabilization of the exchange value of the naira as market players adjuster to the new rates.

 

"Prices are experiencing a massive drop in the international market for LPG in the immediately preceding week. This might not be unrelated to the COVID-19 induced lockdown."

  

• International prices of LPG maintained a consistent decline through the week under review.
• we find a growing divergence between depot prices and the Mont Belvieu LPG prices. Even with the sharp decline in international prices of LPG, depot prices have remained high at over two times that of international prices.
• Retail prices versus depot prices have not changed much in the week under review.
• Regional disparities in the retail prices of LPG within the country continue to persist.

 

Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

   

• The exchange value of the naira remained stable though out the week as prices start to experience a rise after two weeks of mainly downward trend. (Figure D).
• The gross foreign reserves of Nigeria is continuing a downward trend, however at lower rate. We consider that this may be related to the recent rise in the price crude oil in the international market.
• As noted last week, the composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.

• For the gas market, managers report declining inventory, new orders and employment. 

  • The price Of oil in the international market (Figure E)

Price of LPG in the domestic market may rise in line with recent rises in international prices of crude oil and the recent easing of the lockdown across major countries of the world.

• We expect a continuous stabilization of the exchange value of the naira as market players adjuster to the new rates.

 

 

"Prices remained fairly stable in the domestics market and only slightly less stable in the international market for LPG in the immediately preceding week"

• • International prices of LPG initially plummeted to close to 0.195 $ per Kg and then started to rise towards the end of the week under review. That notwithstanding, prices remained largely stable.
• • We find only a slight rise in depot price in response to the rise in prices internationally which only began to be evident towards the end of the week.
• • Prices per kg of LPG at the depots in Nigeria still remain well over double the prices at the international market.
• • Prices continue to differ acrosscities and regions of the country. However, price levels remain stable across the cities in the week under review.

Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

• • The stability in the exchange value of the naira to the US. $ was reflected in the stability of LPG prices domestically throughout the week (Figure D).
• • The gross foreign reserves of Nigeria is continuing a downward trend in nearly the same fashion as we find in the previous week.
• • As noted last week, the composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.
• • For the gas market, managers report declining inventory, new orders and employment.
• • New data on the inflation level for March 2020 is shoing a 23 months high in Month-on-Month inflation level.
• • The price Of oil in the international market witnessed a significant drop in the middle of the week followed by an immediate recovery (Figure E)

 

• Price of LPG in the domestic market may rise in response to recent drop in international prices.
• We expect a continuous stabilization of the exchange value of the naira as market players adjuster to the new rates.
• We do not expect any significant impact on domestic consumption of the increase in month-on-month inflation level.

 

 

 

 

Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

Prices remained largely stable in the domestics market and only slightly less stable in the international market for LPG in the immediately preceding week

 

• • International prices of LPG initially plummeted and then started to rise towards the end of the week under review. Notwithstanding, prices remained largely stable.
• • We find only a slight rise in depot price in response to the rise in prices internationally which only began to be evident towards the end of the week.
• • Prices per kg of LPG at the depots in Nigeria were well over double the prices at the international market.
• • Regional disparities in the retail prices of LPG within the country continue to persist.

   

   

  

   

  

   

  

   

   

  

   

  

  Regional disparity in the prices of LPG across the country has been a regular feature of the Nigerian LPG market. Though the South-south geopolitical zone hosts the great majority of depots in the country due to its proximity to the ocean, prices have been highest in the region.

   

  

  • • • The stability in the exchange value of the naira to the US. $ was reflected in the stability of LPG prices domestically throughout the week (Figure D).
    • • The gross foreign reserves of Nigeria is continuing a downward trend. It dropped by 0.40% through the week.
    • • As noted last wee, the composite Purchasing Managers’ Index (PMI) for the month March 2020 stood at 49.2 points, indicating contraction in Non-manufacturing PMI for the first time after thirty-four consecutive months of expansion.
    • • For the gas market, managers report declining inventory, new orders and employment.
    • • The price Of oil in the international market (Figure E)

       

      

       

      

       

      

      •  
      • • Price of LPG in the domestic market may rise in response to recent rises in international prices.
      • • We expect a continuous stabilization of the exchange value of the naira as market players adjuster to the new rates.