Home » GAS » NNPC Reiterates Commitment to 5bn Scf/d Domestic Gas Production by 2022

NNPC Reiterates Commitment to 5bn Scf/d Domestic Gas Production by 2022

The Nigerian National Petroleum Corporation (NNPC) has reiterated that its plan to produce at least 5 billion Standard Cubic Feet (SCF) of gas per day for domestic consumption in 2022 as well as generation of 5 gigawatts of power remain on course.

Speaking at the 2nd Biennial International Conference on Hydrocarbon Science & Technology (ICHST) held at the Petroleum Training Institute (PTI) Conference Centre, Delta State, the Group Managing Director of the corporation, Mallam Mele Kyari, noted that the implementation of the Nigerian Gas Master Plan (NGMP) will help boost the country’s economy.

Aside the 5 billion scf target, Kyari listed the Escravos-Lagos Pipeline System (ELPS) II; the Obiafu-Obrikom-Oben (OB3) gas pipeline; the Ajaokuta-Kaduna-Kano (AKK) gas pipeline, and the Central Gas Processing Facilities (CGPF) as some of the infrastructure that will help transform the oil and gas industry in the country.

According to him, with over 206TCF of natural gas reserves, Nigeria has enough of the molecules to support new gas-fired power plants and more than enough to make gas a viable fuel for existing and new industrial facilities.

Represented by the General Manager, Nigerian Gas Company (NGC), Mr. Emmanuel Igbokwuwe, Kyari pointed out that the use of gas will remain a key component of the global energy mix in the coming years.

“At the NNPC, we are aggressively pursuing other gas development initiatives with the aim of improving Nigeria’s economy using the appropriate fuels.

“In terms of gas and power, we are developing and integrating gas and power infrastructure networks, increasing interconnectivity, as well as stimulating gas demand for power generation, feedstock, and transport, among others.

“NNPC will continue to drive economic transformation using gas by embarking on projects and initiatives in collaboration with its JV partners and relevant stakeholders to deepen gas supply and utilisation,” Kyari stated.

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

The GMD noted that a major fallout from expanding the corporation’s domestic gas footprints would be the development of petrochemicals, fertiliser, methanol and other gas-based industries that will generate employment and facilitate balanced economic growth.

In his comments, the Chairman of the World Energy Council (WEC) Nigerian National Committee, Prof. Abubakar Sambo, who delivered a paper titled: ‘Energy Transition in Nigeria: The Role of Capacity Building Institutions’, emphasised that the most effective way to manage carbon emissions from the combustion of oil and gas is the circular carbon economy as currently being practised in Saudi Arabia.

“It has been shown that the storage of carbon dioxide underground is more effective and less demanding than planting of forests to serve as carbon sink.

“It is extremely important for PTI to urgently become fully versed with the full details of Saudi Arabia’s circular carbon economy and recommend adoption to the Nigerian situation,” he said.

The Principal and Chief Executive Officer of PTI, Dr. Henry Adimula, on his part, said the conference was organised in line with one of the school’s mandates to conduct research and find solutions to some of the problems bedevilling the oil and gas industry.

Other speakers at the event included Petroleum Commerce Research Chair, University of Cape Coast Oil & Gas Studies, Prof. Wumi Iledare, President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, as well as a General Manager at the National Petroleum Investment Management Services (NAPIMS), Mrs. Martina Atuchi

Share about us

About admin

Leave a Reply

Your email address will not be published. Required fields are marked *

*