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Nigerian Gov’t Aims to Prioritises Gas Development for Domestic uses, Export.

Nigerian Gov’t Aims to Prioritises Gas Development for Domestic uses, Export.

The President Bola Tinubu government has prioritised the development of gas, according to Olu Verheijen, Special Adviser to the President on Energy, who made this statement on Wednesday.
At the “Decade of Gas” secretariat’s Abuja launch, Verheijen made this statement.
“It has been a long journey with gas in this country,” she said.
A Federal Government initiative called “Decade of Gas” aims to guarantee that Nigeria promotes the supply and distribution of gas as the primary energy source for both electricity and gas-based industries on a commercial basis.
This project should be completed between 2021 and 2030.
According to Verheijen, the president gave gas a high priority and was dedicated to seeing that the nation used it to its utmost potential.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive, Farouk Ahmed, stated that the nation was trying to become more of a gas-based country for domestic use and export.
“It is a matter of empowering Nigeria on the utilisation of gas, so the sponsors group agreed that there should be a secretariat.
“In the past, this project was coordinated by Shell as a sponsor group and they thought that the ideal location should be a regulator and NMDPRA being the Midstream regulator was chosen as the host of the secretariat.
“That is why we are here to commence the process of taking over and informing the former secretariat of the Energy office in Jabi,” Ahmed said.
The project’s coordinator, Ed Ebong, stated that they were currently working on roughly 15 different initiatives from the sector.
If the correct policy framework was in place, according to Ebong, the projects would determine the destiny of the nation.
“A lot of work has been done; projects have been identified and we are now in the process of sitting with the operators to bring the issues to the surface; that is for the gas supply.
“We also need to provide comfort to the investors by clearing the areas of about US$ 1 billion that the gas companies owe for gas supply in the past and that is the clear priority.
“Gas will not get to where it will get to if we do not begin to build physical and virtual pipelines.
“Physical pipelines are physical lines, while virtual pipelines will enable us to have Compressed Natural Gas (CNG) operators that can move gas from where it is today to the areas where it is needed.
“The last is building capacity and these are those that will work in the gas sector,” Ebong added.

Source: Allnews Nigeria

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