NNPC, partners to boost domestic gas supply by 285%

Th e Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for domestic consumption by 285% from1.3 billion standard cubic feet per day to 5bscf/d by 2020 in a bid to realize the federal government’s mandate to deploy the nation’s gas resources to stimulate economic growth,.

Th is was disclosed at the 7 Critical Gas Development Projects (7CGDP) stakeholders’ meeting, on Tuesday, at the NNPC Towers, Abuja. According to the statement by the Group General Manager, Group Public Aff airs Division, Ndu Ughamadu, a copy of which was made available to the Nigerian Tribune in Abuja, the stakeholders made up of NNPC and seven other oil and gas companies.

Th e seven projects earmarked for fast-track execution to meet the 285% domestic gas supply growth projection to include: Assa NorthOhaji South Field Development (ANOH); Oil Mining Lease 24 and OML 18 Joint Development and Shell Petroleum Development Company Joint Venture/Nigeria Agip Oil Company Joint Venture Unitized Gas Fields. Others are NPDC’s OML 26, 30, 42 and Chevron Nigeria Limited’s OML 49 Makaraba Cluster Development; SPDC JV Gas Supply to Brass Fertilizer Company; OML 13 Cluster Development and Cluster Development of Okpokunou/ Tuomo West (OML 35/62).

Addressing the partners at the meeting, the Group Managing Director of NNPC, Dr. Maikanti Kacalla Baru, stated that the Federal Government has directed the corporation to aggressively pursue gas development to jump start the nation’s economic growth.

He outlined the strategic focus for achieving the Federal Government’s mandate to include growing capacity to supply enough gas to generate 15Gigawatts of electricity to the power sector by 2020, stimulating gas-based industrialisation by positioning Nigeria as the African regional hub for gas-based industries such as Fertilizer, Petrochemicals, Methanol and developing gas for export by selectively expanding export footprint in high value and strategic foreign markets. Responding, the Managing Director of Shell Petroleum Development Company (SPDC), Mr. Osagie Okunbor, applauded the GMD for his uncommon focus to ensure optimal production and delivery of gas to power, industry and for export, assuring that with proper alignment of the key parties, the projects would be delivered as scheduled.

Leave a Reply