Why Nigeria Must Utilise 200 Tcf Of Gas For Economic Growth — NNPC Boss
NIGERIA needs to leverages the 200 trillion cubic feet ( Tcf) gas resource for sustainable development, energy security, and job creation, the Group Chief Executive Officer ( GCEO) of the Nigerian National Petroleum Company Limited ( NNPC) Mele Kyari, has said.
Kyari, who reiterated the crucial role of natural gas in fueling economic growth and industrial development in Nigeria, added that the nation has the potential to reach 600 Tcf of gas reserve.
Speaking at the public presentation of the book “The Rise of Gas: From Gaslink to the Decade of Gas” authored by Charles Osezua, the NNPC boss highlighted gas’ global acceptance as a crucial energy source that sustains economic growth and drives industrial activities.
Represented by NNPC’S Head of Relationship and Stakeholder Management, Mrs. Oluwakemiolumuyiwa, the GCEO emphasisedthe importance of documenting Nigeria’s gas sector.
He also underscored the significance of prioritising natural gas production and supply, particularly in the context of geopolitical dynamics and energy security within the global economy.
He noted that the book aligns with the Federal Government’s “Decade of Gas” initiative, aimed at optimising Nigeria’s abundant gas reserves for both domestic consumption and international export.
Kyari added that, as a key stakeholder, NNPC has played a leading role in advancing the “Decade of Gas” agenda through strategic investments in critical gas infrastructure such as pipelines and processing facilities.
The author, Charles Osezua, who described the unveiling of “The Rise of Gas” as his contribution to Nigeria’s energy literature, expressed gratitude to the NNPC for its support towards the book launch.
Osezua said NNPC’S participation at the occasion underscored the company’s commitment to fostering knowledge sharing and innovation within the gas industr y.
Chairman of the Impact Investors Foundation and former Group Executive Director of NNPC, Afolabi Oladele, said the book provides comprehensive insights into the gas value chain, saying it will be relevant to policymakers amid the global energy transition.