Seplat Petroleum Development Company Plc, leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.
Emmanuel Addeh in Abuja
The Nigerian National Petroleum Corporation (NNPC) is set to deliver an additional 5,000 megawatts of electricity to the national power grid once the ongoing gas projects throughout the country is completed.
NNPC Group Managing Director, Mallam Mele Kyari, who spoke during a virtual event organised by the Nigerian Gas Association (NGA), themed: “Powering Forward: Enabling Nigeria’s Industrialisation Via Gas,” said the NNPC was committed to fulfilling President Muhammadu Buhari’s directive to boost domestic gas supply.
Represented by the Chief Operating Officer, Gas and Power, Mr. Yusuf Usman, Kyari stated that progress was being made on several of the projects, including the NLNG Train 7, with a foreign direct investment of between $3 billion and $5 billion.
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Sylva spoke on Thursday at the ongoing 12th Nigerian Gas Association (NGA) International Conference 2021 in Lagos.
He said Federal Government was ready to collaborate with all stakeholders to initiate national activities that would make Nigeria actualise its declaration of 2021-2030 as the “
Decade of Gas Development’’.
The News Agency of Nigeria (NAN) reports that theme of the conference is: “
Powering Forward: Enabling Nigeria’s Industrialisation via Gas.”
Sylva, represented by Mr Justice
Derefaka, his Technical Adviser, Gas Business and Policy Implementation, said that Nigeria’s over 200TCF proven reserves of natural gas must be utilised for economic growth and development.
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