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.
Vanguard News
NEITI clears NNPC, says 11 audit issues resolved
On
By Michael Eboh
The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday, disclosed that 11 out of the 20 audit issues raised against the Nigerian National Petroleum Corporation, NNPC, in its past audit reports have been resolved.
In a statement in Abuja, NEITI, also noted that eight other issues in its past audit reports against the NNPC were currently being resolved, while only one issue was yet to be resolved.
The unresolved issue, according to NEITI, is the status of the Nigerian Liquefied Natural Gas’, NLNG, payments, noting that a joint committee of NEITI and NNPC Joint Committee on Remediation and Mainstreaming, which made the disclosure, also recommended that NNPC publish a statement on the status of the NLNG account.
TODAY
December 22, 2020
The Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr Mansur Sambo, says the company is the largest supplier of the domestic gas in the country.
Sambo disclosed this while fielding questions from newsmen after a facility tour of the NPDC Integrated Gas Handling Facility (IGHF) in Ologbo, Edo, on Monday.
According to him, “Something significant I will like you to know is that today, NPDC is the largest gas supplier to the domestic market.
“Out of about 1.7billion cubic feet (BCF) that goes to domestic market, NPDC, with its partners supply about 1.1billion and out of this 1.1 billion, NPDC equity is about 620 million standard cubic feet (mmSCF).
We re moving closer to self-sufficiency in LPG production thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
Nigeria nearing self-sufficiency in liquefied petroleum gas production Buhari
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BY Johnbosco Agbakwuru
PRESIDENT Muhammadu Buhari on Tuesday said that Nigeria has moved a step closer to the nation’s dream of full utilisation of the nation’s abundant gas potentials.
President Buhari stated this at the commissioning 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.
According to the President: “The Oredo Integrated Gas Handling Facility and its associated NGLs depot will be delivering 240,000 metric tons of commercial-grade Liquefied Petroleum Gas and Propane. It will also deliver about 205 million standard cubic feet per day of lean gas to the domestic market.