NNPC enhances domestic gas utilization by 5bn scf/d

The Nigerian National Petroleum Corporation (NNPC) has said that they are focusing on growing the nation’s domestic gas utilization for balanced economic growth to a tune of 5billion standard cubic feet of gas per day (scf/d).

This is inline to adhere with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord.

This was disclosed in a statement by the Corporation’s spokesman, Dr Kennie Obateru, quoting the GMD as restating NNPC’s commitment to the aggressive implementation of the Nigerian Gas Master Plan as a way of stimulating massive and sustainable economic development using natural gas which the nation has in abundance.

Kyari, who spoke during a virtual engagement on “NNPC’s Perspectives on Nigeria’s Gas Sector Development” said apart from the Corporation’s commitment to delivering key gas infrastructural projects such as the Escravos-Lagos Pipeline System II (ELPS II), the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, and Central Gas Processing Facilities (CGPFs), the corporation also plans on developing 5gigawatts (GW) of power generation by 2022.

“At the NNPC, we are aggressively pursuing other gas development initiatives to improve Nigeria’s economy using the appropriate fuels. In terms of Gas and Power, we are developing and integrating gas and power infrastructure networks (increase interconnectivity) as well as stimulating gas demand (power generation, feedstock and transport, etc.),” the GMD informed.

He said NNPC was also exploring partnerships and investments in transmission to unlock evacuation and improve power distribution across the country, stressing that the Nigerian Liquefied Natural Gas (NLNG) Train 7 would be delivered by 2024.

“We are equally collaborating among key industry players and government agencies on key sectors even as we are developing energy-related policies and investment packages to attract Foreign Direct Investment (FDI),” the NNPC boss stated.

He said the focus on the development of key areas will not only expand the Corporation’s domestic gas footprints but also support the development of petrochemicals, fertilizer, methanol and other gas-based industries that will generate employment and facilitate balanced economic growth.