Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,182,627 members, 7,918,019 topics. Date: Sunday, 11 August 2024 at 08:39 PM

FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply (4994 Views)

Discos Intensify Efforts For Electricity Tariffs Hike Approval / Buhari Orders Security Agencies To Intensify Efforts In Tackling Insecurity / Ambode Weighs Options As Efforts To Secure Tinubu’s Support Fail (2) (3) (4)

(1) (Reply) (Go Down)

FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by TundeBricklayer: 6:11am On Apr 28, 2019
The Federal Government of Nigeria, Nigerian National Petroleum Corporation (NNPC), and industry players in the Nigerian Gas sector has made a substantial commitment to increase the domestic gas supply across the country.

In a statement made known to Oil and Gas Republic at the Nigeria Gas Association Business Forum 2019 recently held in Lagos, NNPC alongside with the Ministry of Petroleum Resources has established some key initiatives to make gas production, distribution and utilization attainable in the country. Part of the initiatives include; the Seven Critical Gas Development Projects signed by NNPC in July 2018 with the aim of closing demand-supply gap in the domestic gas market.

Engr. Emeka Okwuosa, Group CEO, Oilserv Limited, commended the FG government and NNPC on the initiatives set aside to develop the Nigerian gas market, and explaining that the Seven Critical Gas Projects will also bring gas into the market for industries and power plants consumption.

According to him “If we integrate all these and able to provide the right infrastructure then we are getting gas to the market for domestic use. Gas gives us an opportunity to move from a single source of economy like crudeoil into other sectors. It also gives us an opportunity to develop industries across local environment. We have proven reserve of about 199 tcf. Nigeria isn’t just oil producing nation but actually gas more than oil”.

He further explained that with these initiatives, it would go beyond providing more than 2500 jobs during the process of construction and it is also a means of diversifying the nation’s economy.

He highlighted the economic impacts his company, Oilserv, has contributed in western Nigeria. Since 1995 Oilserv has been building oil and gas pipeline facilities. In year 2000, the company concentrated on gas development in Nigeria. Oilserv spearheaded the collaboration of NNPC and gaslinks ensuring gas distribution to places like Ilupeju from Amuwo Odofin network in Lagos state. Oilserv built from phase 1 to phase 4.
“As we speak, we have gas at Ilupeju and we also have gas all the way from Amuwo Odofin. Also, we have brought in gas into Marina and Victoria Island. It goes into making sure that gas is available for industries and power plants,” he added.

http://oilandgasrepublic.com/fg-nnpc-industry-players-intensify-plans-to-increase-domestic-gas-supply-in-nigeria/
Lalasticlala

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by thisnaijaguy: 6:14am On Apr 28, 2019
It's amazing how we meet the supply obligations to other countries like Ghana, but fail to meet our local supply needs.

Charity begins at home ooh.

3 Likes 1 Share

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by lawaljuliuss(m): 6:23am On Apr 28, 2019
good one

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by fukushaki(m): 6:28am On Apr 28, 2019
cheesy

1 Like

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Firstorderwizard(m): 7:10am On Apr 28, 2019
Next level grin
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by tribalistseun: 7:14am On Apr 28, 2019
Is it cooking gas or power plant gas
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by tete7000(m): 7:22am On Apr 28, 2019
thisnaijaguy:
It's amazing how we meet the supply obligations to other countries like Ghana, but fail to meet our local supply needs.

Charity begins at home ooh.

Pricing discrepancy between local and foreign markets is the issue...

2 Likes

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Alamu1111: 7:24am On Apr 28, 2019
Who cares nothing works well in this country. Father lord please help everybody here in nairaland leave this country this year to a better country where they make it in Jesus name

6 Likes

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Anambrapikin(m): 7:25am On Apr 28, 2019
Nigeria
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Nobody: 7:36am On Apr 28, 2019
They have been singing this song for a very long time now... cry cry cry
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by SpaceTour: 7:48am On Apr 28, 2019
Ok
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Reference(m): 7:49am On Apr 28, 2019
therealakuko:
They have been singing this song for a very long time now... cry cry cry

Story of Nigeria. Endless seminars that has turned the country into a seminary. All they do is talk, talk, talk, preach, preach, preach....no works, no faith, dead salvation.

1 Like 1 Share

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by RealityShot: 7:58am On Apr 28, 2019
Alamu1111:
Who cares nothing works well in this country. Father lord please help everybody here in nairaland leave this country this year to a better country where they make it in Jesus name
the question is :
Oha hich countries can we go to easily.

I remember, mass migration from Ireland reset their leader's brain. Same happened in Japan.


Many Nigerian youths need to leave, so these greedy old men Will mop the floors by themselves!


Imagine a former local govt chairman opened a company and was offering graduates 20k per month like it's GOLD!

2 Likes

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Mak4web(m): 8:00am On Apr 28, 2019
ok
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by winterfell007(m): 8:01am On Apr 28, 2019
Well NNPC has got to put more effort in making a gas the fuel of choice for not just power but also for fertilizer and industries.
If they had begun this effort in 1995, I'm sure by now Nigeria will be a major contender in the global supply of gas, able not only to meet her own demand but as well as the behind of other nations.
The gas reserves is eastern Nigeria is huge. It should be properly harnessed for the benefit of all.

4 Likes 1 Share

Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by Orlatunday11(m): 8:07am On Apr 28, 2019
WE PRAY
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by COMPAQ(m): 10:22am On Apr 28, 2019
Do the have a gas line to Lekki? It would be a good idea to float a company called Estate Power and use gas to set up say a N10MW power plant to sell power directly to the many estates in the Lekki axis.

My diesel is costing my estate about N150per unit (not blended with public supply - that one is metered separately). Surely a larger more efficient gas turbine serving big estates at the same time can never cost that much.
Re: FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply by atiku07(m): 11:56am On Apr 28, 2019
COMPAQ:
Do the have a gas line to Lekki? It would be a good idea to float a company called Estate Power and use gas to set up say a N10MW power plant to sell power directly to the many estates in the Lekki axis.

My diesel is costing my estate about N150per unit (not blended with public supply - that one is metered separately). Surely a larger more efficient gas turbine serving big estates at the same time can never cost that much.
u will have to wait for Dangote to complete his refinery that sure gona be a money spinner however if FG was any serious that is how Nepa should have been privatized into segmented areas by letting individual invest prvatelly and build their own infrastructure to supply electricity we would have gone beyond this stage long ago!

(1) (Reply)

How France Seduced Ghana And Ivory Coast To Stab Nigeria In The Back / How Nnamdi Kanu Is Driving Real Estate Investment In Lagos. / If South East Is A Dot In A Circle What Is The Meaning Of These 2 Dots?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.