Musbau Babatunde
The Nigeria National Petroleum Company Limited,NNPCL,says it’s unlocking more opportunities across both the oil and gas value chain spanning from supply and infrastructure to the markets.
The company’s Group Chief Executive Officer,CEO,Mallam Melee Kyari,disclosed this on Monday in Abuja at the 6th Nigeria International Energy Summit themed:“Global Perspectives For a Sustainable Future”.
He said his company is supporting the Federal Government towards the realization of key initiatives such as the Decade of Gas and the National Gas Expansion Programme (NGEP) which seeks to deepen natural gas utilization as an alternative transportation fuel, virtual gas supply to off-pipeline grid gas customers and gas utilization as feedstock for the development of gas-based industries.
He explained that this is evident in the definite actions taken to utilize Compressed Natural Gas and Liquefied Natural Gas to power vehicles, buildings and power plants.
According to him,NNPC Limited is also investing heavily in critical gas infrastructure such as the Ajaokuta-Abuja-Kano (AKK) gas pipeline and the OB3 gas interconnector to support 5 Bscf/d of domestic gas utilization including 5 GW of power generation capacity by developing power plant projects along the AKK pipeline corridor and across the country to complement the existing ones.
He hinted that the on-going NLNG Train 7 will expand Nigeria’s LNG production capacity to about 30 million tons per annum (30 MTPA).
He added:”This is in addition to the planned Nigerian Morocco and the Trans Sahara Gas Pipeline projects which will supply gas to sub-regional African countries and subsequently Europe.In addition to our existing Upstream activities, we are also deepening exploration activities of the Nation’s frontier Basins using the best industry standards and technologies which is already yielding results such as the Kolmani discovery, and we are hopeful that the recent spud-in of the EBENYI – A in Nasarawa State will yield positive result as well.
“The 6th edition of the Nigeria International Energy Summit has provided us all with a platform to tell our story and engage further based on our unique landscape and strengths which will eventually contribute to form part of the global narrative. NNPC will continue to leverage our partnerships with the industry, government,research Institutions and the academia to ensure energy security and sustainability”
