The Nigerian Petroleum Development Corporation (NPDC), the main subsidiary of the Nigerian National Petroleum Corporation (NNPC) on Monday said it had begun operations at its Integrated Gas Handling Facility (IGHF), which would help minimise gas flaring in the country.
NPDC stated that apart from reducing gas flaring, the plant had the capacity to convert the commodity to revenue.
Nigeria, Africa’s top oil producer, loses $2.5 billion (N950 billion at official exchange rate, N380/$) every year to gas flaring from 178 flare sites, according to Africa Energy Portal, a trend that makes the country seventh on the list of the world’s top flaring countries.
NPDC gas handling facility to boost domestic supply, eliminate gas flaring ― Minister NPDC gas handling facility to boost domestic supply, eliminate gas flaring ― Minister
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The Minister of State for Petroleum Resources, Timipre Sylva on Tuesday, says the Nigerian Petroleum Development Company (NPDC)’s Integrated Gas Handling Facility (IGHF) will help boost the domestic supply of LPG and eliminate gas flaring.
He said the entire LPG and propane production which is targeted at the Nigerian market will lower prices and deepen its penetration to safeguard the environment.
The minister who stated this at the virtual commission of the facility in Edo State said the project, with the capacity to process up to 200 Million Standard Cubic Feet Per Day (MMSCFD)of gas, highlights the commitment of the NNPC to increase Nigeria’s value realisation from gas.
Olalekan Adetayo
The President, Major General Muhammadu Buhari (retd.), on Tuesday, said Nigeria under his watch was getting closer to the nation’s dream of full utilization of its abundant gas potentials.
According to a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President spoke at the inauguration of the Integrated Gas Handling Facility and LPG Processing and Dispensing Plants built and operated by the Nigerian Petroleum Development Company, an Upstream Subsidiary of NNPC in Oredo, Edo State.
The statement was titled “We are getting closer to self-sufficiency in liquefied petroleum gas production, says President Buhari as he commissions processing and dispensing plants.”
Emmanuel Addeh writes on federal government’s shift to commercial and domestic use of gas, a resource that the country has in abundance
The year 2020 has witnessed a major resurgence of attention to the role that gas resources could play in the development of the Nigerian economy and as a major source of government revenue.
It’s been a year that gas has featured prominently, like never before, in conversations around developing the sector and taking the gaze away from crude oil, which is very minute compared to the massive gas resources available in the country.
Aside the NLNG Final Investment Decision (FID) on Train-7, the flag-off of the 614km Ajaokuta-Kaduna-Kano (AKK) gas pipeline, down to recent rollout of the Autogas scheme, the federal government is yet again about pushing for an increase in Nigeria’s gas utilisation quotient with the commissioning of the Nigerian Petroleum Development Company (NPDC) 200mmscf Integrated Gas Handling Facility (IGHF) and LPG Units.
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