OSBC Osun State Broadcasting Corporation
The Nigerian National Petroleum Company Limited says Nigeria’s domestic gas infrastructure network has the capacity to transport 6.9 billion standard cubic feet of gas to support power generation and gas-based industries.
The Group Chief Executive Officer, NNPC Ltd., Malam Mele Kyari, made this known on Thursday in Abuja at the 2023 edition of the Oloibiri Lecture Series and Energy Forum.
The forum, which was organised by the Society of Petroleum Engineers, had its theme as “Effective Gas Resources Utilisation: A Lever for Enhancing Energy Security and Achieving Net-Zero Emission Goals in Nigeria”.
Kyari said Nigeria’s huge investment in gas infrastructure is hinged on its growing natural gas reserves, thus supporting the Nation’s aspiration to create Africa’s biggest industrial hub, powered by low-carbon energy, according to the News Agency of Nigeria.
He said the NNPC Ltd. was taking advantage of Nigeria’s huge natural gas reserves of over 200 trillion cubic feet with a potential to grow to 600 TCF as more investment is expected due to the recent resolution of the Production Sharing Contract disputes with partners.
He said this significant reserve would serve as a low-carbon energy alternative that would support growth in power and industrial sectors, address energy poverty, reduce carbon footprint and create more employment opportunities.
“NNPC is playing a leading role in the realisation of the National Gas Expansion Programme, which seeks to deepen natural gas utilisation as an alternative transportation fuel, and an important feedstock for gas-based industries development.
