GASIN - NNPC targets regional hub for gas by 2017

NNPC targets regional hub for gas by 2017

Thursday, 12 March 2015 01:00
Published in From The Media
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THE Nigerian National Petroleum Corporation, (NNPC), is optimistic that the country will become the regional hub of petrochemical and fertilizer by 2017. 

The Group Executive Director of Gas and Power, Dr. David Ige, said the gas development reform and capacity in the country were being redoubled and that a few years from now, the entire nation would be wired up for gas. 

Ige disclosed this in Abuja while receiving the prestigious Man of the Year Award from the Oil and Gas Year book that chronicles the Who’s Who of the Global Energy Industry. 

A statement signed by the Acting Group General Manager, Group Public Affairs Division, NNPC, Tumini Green, quoted Ige as saying: “All that we need to make Nigeria a regional hub of petrochemical and fertilizer is in place and by 2017, Nigeria clearly will become the regional hub of gas in Africa,” Dr.Ige affirmed. 

He noted that the dedicated major Gas Infrastructure Development initiated by the Federal Government is designed to create flexibility of movement of domestic gas nationwide. Ige further revealed that the Ajaokuta-Kano-Kaduna gas line is at an advanced stage of design to supply gas to the northern part of the country for power generation and gas-based industries, stressing that similar gas infrastructure projects are ongoing in different parts of the country. 

The NNPC GED averred that these improvements in gas supply and power availability are a testament to the holistic approach of the government in resolving the power crisis in Nigeria permanently.

He posited that the nation is on its way to achieving gas export parity, a development that would encourage greater investment by the private sector in the gas exploration and production.

He revealed that domestic gas usage has been increasing, noting that 300 taxi drivers have converted their cars to run on gas in Benin city through NIPCO initiative .

Ige applauded the organizers for the award and said it would spur him and the NNPC to record more milestones in the gas revolution agenda of the Federal Government.

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