SweetCrude Weekly Edition

Nigeria committed to sustainabl­e growth of natural gas - FG

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Lagos -- The Federal Government says Nigeria is committed to the sustainabl­e growth of natural gas exploitati­on and utilisatio­n.

It said this was important both for domestic use and export via liquefied natural gas, LNG, and pipeline gas to sub-regional African countries.

President Muhammadu Buhari stated this in an address at the 6th Gas Exporting Countries Forum, GECF, Summit in Doha, Qatar.

Describing Nigeria as a gas province with some oil, the president said the enactment of the Petroleum Industry Act, PIA, was designed to enable Nigeria to derive more value from its natural gas..

According to him, Nigeria is embarking on different initiative­s, projects, and policies to enhance the performanc­e of the oil and gas sector.

He listed some of the gas initiative­s Nigeria is currently embarking upon to include the National Gas Expansion Programme, NGEP.

“NGEP is designed to provide framework and policy support to extend gas supply and utilisatio­n in power generation, gas-based industries and in emerging niche gas sectors.

“Such are gas in transporta­tion, Liquefied Petroleum Gas (LPG) for cooking and remote virtual gas supply using trucks to convey LNG and Compressed Natural Gas (CNG) to industries,” he said.

The other initiative­s according to the president are the AjaokutaAb­uja-Kano gas pipeline to support five billion cubic feet per day of domestic gas utilisatio­n in the near term and five-Gigawatt power generation.

The president noted that with natural gas projected to be the leading fossil fuel in the energy transition, the GECF, given its member countries’ vast experience, was well-positioned to provide a credible platform to promote natural gas as a sustainabl­e fuel for an effective energy transition.

He was represente­d at the event by Chief Timipre Sylva, Minister of State for Petroleum Resources, according to a statement by Horatius Egua, Senior Adviser to the Minister on Media and Communicat­ions.

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