Cooking Gas Dealers Release New Rates as Data Shows Prices By Countries, Nigeria Gets New Position
- A new ranking has shown African countries with the cheapest prices for liquefied natural gas (LPG), also known as cooking gas
- The new ranking showed that Nigerians are paying more than their counterparts in other African countries
- The ranking comes as Dangote Refinery slashed its cooking gas price recently, making it the cheapest in the country
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Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
Nigeria has emerged among the world’s ten cheapest countries for liquefied petroleum gas (LPG), commonly known as cooking gas, according to new data released by GlobalPetrolPrices.com for August 25, 2025.
The survey, which compared retail LPG prices across more than 100 countries, ranked Algeria as the cheapest market at ₦110.4/kg ($0.069), while Nigeria placed tenth at ₦836.8/kg ($0.523).
Source: Getty Images
The announcement coincides with Dangote Refinery’s recent decision to slash the local price of LPG, a move widely seen as a catalyst for easing household cooking expenses.
10 Cheapest Countries for Cooking Gas
- Algeria – ₦110.4/kg ($0.069)
- Angola – ₦174.4/kg ($0.109)
- Saudi Arabia – ₦465.6/kg ($0.291)
- Russia – ₦560.0/kg ($0.350)
- Belarus – ₦609.6/kg ($0.381)
- Azerbaijan – ₦611.2/kg ($0.382)
- Kuwait – ₦668.8/kg ($0.418)
- Kazakhstan – ₦736.0/kg ($0.460)
- Egypt – ₦750.0/kg ($0.469)
- Nigeria – ₦836.8/kg ($0.523)
Why Nigerians still struggle with cooking gas
Despite its global ranking, Nigerian households continue to pay more than expected for cooking gas, considering the nation’s vast natural gas reserves.
Import dependence, poor storage and distribution systems, and forex scarcity all contribute to unstable and inflated prices.
Analysts say this is why Dangote Refinery’s price cut is significant—it represents the potential to break dependence on imported gas and stabilise prices through stronger domestic supply.
Dangote’s move and its impact on LPG
Earlier this month, Dangote Refinery announced a sharp reduction in LPG prices, a decision praised by consumer advocates and industry players.
The refinery, which has begun producing LPG for the local market, aims to supply volumes that will help bridge Nigeria’s demand gap and reduce the nation’s reliance on imports.
Experts believe that if Dangote maintains consistent supply, Nigerians could see LPG prices drop further, narrowing the gap between international affordability rankings and real-life domestic experiences.
Regional and global comparisons
In West Africa, Nigeria fares better than Ghana and Senegal, where LPG often sells for above ₦1,500/kg. Still, it trails countries like Angola, which maintains cheaper rates through subsidies and efficient refining.
Globally, most of the cheapest LPG markets are major energy producers or economies with subsidy regimes.
By contrast, European and Asian countries record prices above $2 per kg, making Nigeria’s ₦836.8/kg seem modest abroad but still heavy on local pockets.
Gas industry: What lies ahead
Energy analysts argue that while Dangote’s intervention is welcome, it must be backed by major investment in gas processing plants, wider pipeline networks, and forex stability.
Source: UGC
Without such structural reforms, experts warn, Nigerians will continue paying more than they should—despite sitting on one of the world’s richest natural gas reserves.
Cooking gas cost increases by N100
Legit.ng earlier reported that the retail price of liquefied natural gas (LPG), also known as cooking gas, increased at the Nigerian National Petroleum Company (NNPC) Limited filling stations.
Legit.ng visited several stations on Monday, June 23 and observed that 1kg is now priced at N1,200.
This represents a N100 increase compared to the N1,100 offered last week.
Source: Legit.ng
