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Expert advises FG on Gas Asset Management Plan to achieve Net Zero target – The Sun Nigeria

Expert advises FG on Gas Asset Management Plan to achieve Net Zero target – The Sun Nigeria
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Expert advocates robust Gas Asset Magt Plan to achieve Net Zero target

FG Will Continue To Invest In Hydrocarbons, Says Sylva

(AFRICAN EXAMINER) – The Federal Government has reiterated its determination to continue to invest in hydrocarbons despite the global clamour for renewable energy. Nigeria currently has a huge gas reserve of about 600 trillion scf of gas deposit. Delivering an address at the Society of Petroleum Engineers Nigeria Council-44th Nigeria Annual International Conference and Exhibition (NAICE) 2021 virtually, on Tuesday, Minister of State Petroleum Resources Chief Timipre Sylva said Nigeria will leverage on its huge gas reserve as a transition fuel option in the country. Sylva said he believes that oil and gas will continue to be relevant and play a major part in the energy mix in the foreseeable future adding that “our approach towards the climate-change-net-zero-emission debate is to optimize the use of our abundant gas resource domestically as a transition fuel option towards meeting our Nationally Determined Contributions on climate change”.

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