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Tag: gas

  • DPR prohibits cylinder to cylinder gas refilling – Official

    DPR prohibits cylinder to cylinder gas refilling – Official

    The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling and decanting because of the associated risks.

    Mr Sadeq Ibrahim, Operations Controller, Yola DPR Office, gave the warning at a one-day sensitisation meeting with gas retailers in the state held on Monday in Yola.

    Ibrahim said that the warning became necessary to prevent fire disasters as well as protect lives and property of the people.

    He said that the department would no longer tolerate the dangerous cylinder to cylinder gas refilling business for the safety of the people and also for those handling the business.

    “LPG cylinder to cylinder re-bottling, refilling and decanting is prohibited by Department of Petroleum Resources (DPR).

    “The transfilling of the resources are not allowed and is against the DPR regulations and requirements because the business is highly hazardous and a threat to lives and property of the people.’’

    According to Ibrahim, the department has recorded many fire outbreak accidents across the country as a result of poor handling and unsafe cylinder to cylinder gas refilling process.

    He advised the retailers to go and address how to improve their businesses as the department had no intent to push them out of the business.

    He said that among the roles of the gas retailers as stated in the DPR regulations was to sell a full gas cylinder, either through cylinder exchange or a new one.

    Ibrahim advised the gas retailers to put safety measures in their shops and also register with the DPR.

    “All gas retailers in the state are advised to provide protection safety facilities to their workers and the shop.

    “Also, the retailers outlets are advised to register with the DPR to obtain approved licence’’, Ibrahim said.

    In his remarks, Mr Emmanuel Ogbodo, Chairman, LPG Retailers Outlets Association, Adamawa, thanked the department for organising the sensitisation meeting for their members.

    Ogbodo said that the sensitisation was an eye opener to the members and that the association would look at the request of the DPR and deliberate on it.

  • Isoko group queries Zamfara gold deal with CBN

    Isoko group queries Zamfara gold deal with CBN

    A flagship socio-political organization of the Isoko nation known as the Isoko Advancement Network (IAN) has warned that the inequalities in the handling of the exploitation of natural resources in Nigeria can trigger youth restiveness in the Niger Delta.

    The group expressed disappointment with the leadership of the National Assembly for blowing a muted trumpet when the matter regarding the sale of gold worth N5 billion by Zamfara State to the Central Bank of Nigeria was raised on the floor of the Senate by the Deputy Senate President, Senator Ovie Omo-Agege.

    In a statement signed by the Chairman of IAN, Chief Paul John Odhomor, the group noted that the deafening silence of the Senators by deliberately refusing to debate the issue on the floor of the Senate sends dangerous signals to the people of the Niger Delta region that contributes so much to the national GDP.

    The statement reads: “The IAN is aware that solid mineral is one of the items in the Exclusive Legislative List of the 1999 Constitution (as amended) like oil and gas. It is incredible that the man from Gusau can sell gold directly to the apex bank and an Isoko man from the Niger Delta cannot sell crude oil and gas directly to the NNPC.

    “The IAN frowns at this negative development and warned that this kind of inequalities in the handling of the exploitation of natural resources in Nigeria can trigger youth restiveness in the Delta. The IAN noted that the youths of the Niger Delta region are already agitated as there was no justification for the criminalization of their activities with oil and gas facilities in the region while their Zamfara counterparts approaches the vault of the CBN as off takers of their gold.

    “The Isoko Advancement Network called on the Federal Government to implement relevant policies towards solid mineral exploration and exploitation with a view to improving the balance sheet of the Country”.

  • NNPC Targets Aggressive Growth in Domestic Gas Utilization for Balanced Economic Growth

    NNPC Targets Aggressive Growth in Domestic Gas Utilization for Balanced Economic Growth

    In keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the Nigerian National Petroleum Corporation (NNPC) is focusing on growing the nation’s domestic gas utilization for balanced economic growth.

    Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this Tuesday at the BusinessDay Energy Series Summit which held virtually with theme: “Nigeria at 60: Harnessing Nigeria’s Energy for the Future”.

    A press release by the Corporation’s spokesman, Dr. Kennie Obateru, quoted the GMD as restating NNPC’s commitment to the aggressive implementation of the Nigerian Gas Master Plan as a way of stimulating massive and sustainable economic development using natural gas which the nation has in abundance.

    Mallam Kyari, who spoke on the topic: “NNPC’s Perspectives on Nigeria’s Gas Sector Development,” said apart from the Corporation’s commitment to deliver key gas infrastructural projects such as the Escravos-Lagos Pipeline System II (ELPS II), the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, and Central Gas Processing Facilities (CGPFs), NNPC was working on growing domestic gas utilization to 5billion standard cubic feet of gas per day (scf/d) and developing 5gigawatts (GW) of power generation by 2022.

    “At the NNPC, we are aggressively pursuing other gas development initiatives with the aim of improving Nigeria’s economy using the appropriate fuels. In terms of Gas and Power, we are developing and integrating gas and power infrastructure networks (increase interconnectivity) as well as stimulating gas demand (power generation, feedstock and transport, etc.),” the GMD informed.

    He said NNPC was also exploring partnerships and investments in transmission to unlock evacuation and improve power distribution across the country, stressing that the Nigerian Liquefied Natural Gas (NLNG) Train 7 would be delivered by 2024.

    “We are equally collaborating among key industry players and government agencies on key sectors even as we are developing energy related policies and investment packages to attract Foreign Direct Investment (FDI),” the NNPC boss stated.

    He said the focus on the development of key areas will not only expand the Corporation’s domestic gas footprints, but also support the development of petrochemicals, fertilizer, methanol and other gas-based industries that will generate employment and facilitate balanced economic growth.

    He applauded the support of President Muhammadu Buhari and the efforts of the Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, in driving initiatives aimed at positioning natural gas for sustainable development, noting that a number of the Federal Government’s gas initiatives such as the 7 Big Wins, the National Economic Recovery and Growth Plan (ERGP 2017-2020), the National Gas Policy (2017), have helped a great deal pushing the gas development agenda

    “I would not end this discussion without emphasizing the need for proper legislation. The passage of Nigeria’s Petroleum Industry Bill (PIB) is long overdue. It is one piece of legislation that will expand economic growth via improved revenue flows from the oil and gas sector and make the industry efficient and competitive. NNPC is committed to supporting a sustainable legislation that will bring transformation to the industry, promote transparency and accountability across the value chain,” Mallam Kyari posited.

  • NNPC earns $378.42m from crude oil & gas export in June – Report

    NNPC earns $378.42m from crude oil & gas export in June – Report

    The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020.

    The corporation disclosed this in its June Monthly Financial and Operations Report (MFOR) released on Sunday in Abuja.

    It said that the amount signalled a marked improvement in revenue earnings, following the ease of the COVID-19 pandemic global lockdown and the subsequent increased demand and firmer prices for the black gold in the international market.

    The report indicated that petroleum receipts for the month reflected crude oil earnings of $230.65million, with gas and miscellaneous proceeds standing at $75.97million and $71.80million dollars, respectively.

    It puts the total crude oil and gas export earnings for the period of June 2019 to June 2020 at $4.60 billion.

    On petroleum products supply in the downstream sector, the report said that 1.34 billion litres of white products were distributed and sold across the country by NNPC’s Downstream subsidiary, the Petroleum Products Marketing Company (PPMC).

    It noted that the figure was significantly higher than the 950.67million litres of white products sold and distributed in May 2020.

    “Again, an apparent reflection of the gradual ease of the lockdown in the country and the picking up of business activities,” it said.

    A breakdown of the June 2020 figures indicated that over 1.3billion litres of Premium Motor Spirit (PMS) also know as petrol, 5.10million litres of Automotive Gas Oil (AGO) and 1.65million litres of Dual Purpose Kerosene (DPK), were sold and distributed during the period.

    “White products sale for the period from June 2019 to June 2020, stood at over 19.104billion litres, with PMS accounting for over 18.9billion litres or 99.36 per cent.

    “In monetary value terms, the above volumes translated to a total sale of ₦134.22billion of white products by PPMC in June, compared to ₦92.58billion sales in May.

    “Total revenues recorded from the sales of white products for the period from June 2019 to June 2020 stood at over ₦2.267trillion, where PMS contributed about 99.12 per cent of the total sales, with a value of over ₦2.247trillion,” the report revealed.

    In the month under review, the report further noted that 33 pipeline points were vandalised, representing about 11 per cent decrease from the 37 points recorded in May 2020.

    It said that Mosimi-Ibadan accounted for 33 per cent, while Atlas Cove-Mosimi and Warri-River Niger recorded 27 per cent of the breaks each, while other locations made up for the remaining 13 per cent.

    The MFOR stated that in collaboration with the local communities and other stakeholders, the corporation would continuously strive to rein in on the incidences of pipeline breaches across the country.

    In the gas sector, it said that out of the 232.03billion Cubic Feet of gas (BCF) supplied in June 2020, 148.66BCF of gas was commercialised.

    This, it noted, consisted of 34.64BCF and 114.01BCF for the domestic and export market, respectively.

    It noted that the transaction translated to a total supply of 1,154.78million Standard Cubic Feet of gas per day (mmscfd) to the domestic market and 3,800.45mmscfd of gas supplied to the export market for the month.

    According to the report, it implies that 64.07 per cent of the average daily gas produced is commercialised, while the balance of 35.93 per cent is re-injected, used as upstream fuel gas, or flared.

    The report further stated that gas flare rate for the month of June stood at 6.11 per cent, implying 472.94mmscfd, compared with average Gas flare rate of 7.84 per cent, equivalent of 611.73mmscfd for the period from June 2019 to June 2020.

  • Two feared dead, five wounded in another Lagos gas explosion

    Two feared dead, five wounded in another Lagos gas explosion

    Two persons, including an artisan were on Monday murdered and at least five others injured after another gas explosion occurred in Orile-Iganmu, a Lagos slum community.

     

    The artisan identified as Ajibola Olaoye died on the spot where he was welding an articulated vehicle around 5pm at Wema Bank Bus Stop, off Coker in Ajeromi Ifelodun Local Government Area (LGA), emergency workers said Monday night.

     

    TheNewsGuru gathered that a gas leakage from the cylinder he was using triggered the explosion, which left six victims injured. One of the injured victims was said to have died in the hospital.

     

    Monday’s incident was about the fifth case of gas explosion recorded across the state in one week with at least six people killed.

     

    “It happened this evening. A welder at truck park in front of Atlas Company was working on one of the heavy duty equipment at the park which resulted in explosion.

     

    “The welder was affected and he died instantly, six other persons also sustained serious injury. They were quickly rushed to nearby hospital but at the hospital another person who was among the six was also confirmed dead,” claimed a resident.

     

    Confirming the incident, the Lagos State Emergency Management Agency (LASEMA) said it recovered the artisan’s body, adding that four men sustained varying burns and were rushed to a nearby hospital.

     

    LASEMA’s spokesman Nosa Okunbor said: “Upon arrival at the scene of incident, it was discovered that there was an explosion from a gas cylinder used in welding a truck flatbed with unknown registration number as a result of gas leakage from the cylinder.

     

    “The casualties had been rushed to the hospital before the arrival of the LRT. Police, LNSC and Lagos fire service were responders at the scene. The entire area has been cordoned off to prevent any secondary incident.

     

    “The dead victim (Ajibola Olaoye), was bagged by the LRT and handed over to his family in the presence of officers of the Nigeria Police Force from Amukoko Division.”

  • Lagos gas fire: Residents relocate to different destinations

    Lagos gas fire: Residents relocate to different destinations

    Some Abule Ado residents in Lagos State, who were affected by Sunday gas fire outbreak, have started packing their belongings to different destinations.

    Some of the victims told News Agency of Nigeria that the move was to avoid further destructions as the fire fighters were still battling to put off the blaze.

    Mrs Bisi Lateef, one of the victims, who was with her children said many of her household properties were destroyed by the fire.

    She narrated how her house was engulfed by fire when she and her children went out to visit a family friend.

    Lateef applauded her neighbours for calling her on phone to alert her of the incident, saying “little of my property was saved by people around when the incident began’’.

    “I don’t know where to go with these things in my car boot; those are the remains of my households. All that I laboured for are gone.

    “My husband’s car that was parked in front of the house was already burnt before my arrival and I don’t even know what to tell him when he comes back from tour.”

    Lateef said that she would drive her children to a safer place in a public school at the Ojo Barracks area for safety until she found a better place to stay.

    Mr Basil Akobundu, one of the affected residents, while moving his household items said that he just wanted to leave the place for safety.

    “Although, I don’t have a particular place where I want to relocate to but the situation here is devastating.

    “As you can see, the fire has destroyed many buildings close to my own and its raging towards my house, but I will not wait for it to happen.

    “If it means staying on the road away from the scene with my family alive is better than being counted a casualty.

    “The way I see this fire burning, it will not be up to an hour before it gets to my house.”

    Meanwhile, the Amuwo Odofin Local Government (LGA) Chairman, Mr Valentine Buriamoh in charge of the area had visited the place to ascertain the level of damage.

    He also promised to assist the victims.

    Reuters reported on Sunday that an explosion at a gas processing plant on Sunday killed at least 15 people and destroyed about 50 buildings due to the fire.

    The Nigerian National Petroleum Corporation (NNPC) said the explosion was triggered after a truck hit some gas cylinders stacked in a gas processing plant near the corporation’s pipeline in Abule Ado area of Lagos State.

    The impact of the explosion led to the collapse of nearby houses, damaged NNPC’s pipeline and caused the corporation to halt pumping operations on the Atlas Cove-Mosimi pipeline, the state-owned oil company, it said in a statement.

    According to Ibrahim Farinloye, the Zonal Coordinator, National Emergency Management Agency (NEMA), several people were injured and taken to hospital already.

  • FIRS targets trillions in tax from oil, gas companies

    FIRS targets trillions in tax from oil, gas companies

    The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year.

    The FIRS made this known in a statement issued by Abdullahi Ahmad, Director, Communications and Liaison Department in the service in Abuja on Tuesday.

    The statement said the Executive Chairman, FIRS, Mr Muhammad Nami, disclosed this when a team of the Nigerian office of the Organisation for Economic Cooperation and Development (OECD) paid him a courtesy visit.

    Nami solicited the support of the OECD in stemming the tax evasion scheme of oil majors and multinationals operating in Nigeria through the illegal act of transfer pricing under which these foreign companies dodged tax and transfer their profit offshore.

    The FIRS boss underscored the need for capacity-building, information sharing, data interpretation, usage and related technical synergy with the OECD in order to meet tax revenue targets in the extractive industry and the newly emergent Digital Economy.

    He observed that revolution in Information and Communication Technology (ICT) had made physical filing of tax returns obsolete.

    Nami, however, stated that ICT had also made tax collection more complex, especially in trans-border trade and trans-continental commerce.

    According to him, in such trade big players like Amazon, Google, facebook, Alibaba and other e-commerce corporations do big business around, drive the digital economy and yet countries find it difficult to take due tax from the huge economic activities these online giants engage in.

    “This is more so for developing countries like Nigeria where our people buy luxury goods more and more online while these big online stores don’t pay any tax to us.

    “The complexity of the digital economy to the tax authorities also extents to the telecommunication and financial sectors, including the emerging trades and the exchange carried out using digital currency,” he said.

    Similarly, Nami when he received the Comptroller-General (CG), Federal Fire Service, Dr Liman Alhaji Ibrahim, commended the service for its prompt response during a fire incident that occurred at its building in 2019.

    He called for more synergy and collaboration between the FIRS and the Fire Service.

  • Explosions: FG begins clampdown on illegal gas plants, roadside LPG retailers

    Explosions: FG begins clampdown on illegal gas plants, roadside LPG retailers

    The Federal Government has begun clampdown on illegal gas plants and roadside retailers of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, an official said.

    Mr Bassey Nkanga, DPR’s Operations Controller, Port Harcourt Zone, disclosed this in an interview with News Agency of Nigeria (NAN) on Monday on the sideline of the department’s ongoing surveillance on gas plants in Port Harcourt.

    NAN reports that government had in May stopped customers’ ownership of cylinders as well as barred the refilling of gas cylinders by the roadsides and other unauthorized places.

    The policy, the government said, would require that the ownership of LPG cylinders rest solely with the dealers and distributors.

    According to Nkanga, the department had held several meetings with operators of gas plants and LPG retailers to introduce them to standard minimum requirements acceptable in the industry.

    “The new model by government; decanting (transferring from one gas cylinder to another) is not allowed, trans-filling is also not allowed.

    “That is why we are encouraging, enlightening, and engaging them (retailers) to adopt the new methodologies, whereby, somebody would have to drop (empty cylinder) and pick another one with gas.

    “The era of decanting, transcanting and transferring from one cylinder to the other is no longer going to be allowed

    “So, we have been talking to them (retailers) and they even formed a union to register for the Category D licence. A lot of them have turned up, and so many are yet to turn up,” he said.

    Nkanga further said that government was also clamping down on operators of illegal gas plants; those operating without valid licence and others operating within residential areas.

    He said most of the outlets lacked basic and standard minimum requirements like fire extinguishers and detectors, water sprinkler, temperature gauge, pressure and volume, among others.

    The department, he said, had brought in competent personnel to oversee its gas division and ensure that operators function within stipulated guidelines and regulations.

    “We also had several meetings with various stakeholders in the gas sector. We told them those operating without licence will not be allowed to operate again.

    “We even gave them two months within which they have to renew their licences; and we have decided to pull the full weight of the law on those operating without valid licences.

    “There is a fine for those operating without valid licence; and those that are illegal, we will hand over to the security agencies. It is illegal to operate without licence.

    “This exercise has just started on the gas facilities, and it would be continued. We have requirement and you must meet the requirement before you are allowed to setup a gas plant,” he said.

    Nkanga said government was working hard to ensure the availability of affordable cooking gas to rural areas in the country.

    NAN reports that four gas plants, including, Forte Oil, Sun Gas, Timi Gas Limited and Kayzavia Energy were either sealed for not having valid permit and operating without the necessary safety precautions.

  • Kerosene price increases, as Petrol price averages N147 across Nigeria

    Kerosene price increases, as Petrol price averages N147 across Nigeria

    Data released by the National Bureau of Statistics (NBS) on Friday showed that N147.20 was the average price paid by consumers of premium motor spirit (petrol) across Nigeria in the month of October.

    TheNewsGuru (TNG) reports the average price of petrol increased by 0.8% year-on-year and decreased by -0.1% month-on-month to N147.20 in October 2018 from N147.30 in September 2018, according to the NBS Premium Motor Spirit (Petrol) Price Watch (October 2018).

    States that recorded the highest average price of petrol were Kebbi (N155.24), Benue (N153.33) and Taraba (N153.00), and States with the lowest average price of petrol were Katsina (N144.45), Jigawa (N144.29) and Sokoto (N144.20).

    Also, according to the NBS, the average price per litre paid by consumers for National Household Kerosene increased by 3.35% month-on-month and 12.36% year-on-year to N307.23 in October 2018 from N297.28 in September 2018.

    States with the highest average price per litre of kerosene were Ogun (N346.30), Enugu (N348.33), and Abuja (N360.67), and States with the lowest average price per litre of kerosene were Kogi (N261.11), Abia (N248.08) and Borno (N240.44).

    Similarly, average price per gallon paid by consumers for National Household Kerosene increased by 12.00% month-on-month and by 2.86% year-on-year to N1159.33 in October 2018 from N1127.05 in September 2018.

    States with the highest average price per gallon of kerosene were Katsina (N1273.33), Ekiti (N1277.78) & Ebonyi (N1279.38), and States with the lowest average price per gallon of kerosene were Delta (N1035.15), Yobe (N1050.0) and Akwa Ibom (N1066.36).

    For automotive gas oil (Diesel), the NBS reported that the average price paid by consumers increased by 2.42% month-on-month and 7.33% year-on-year to N216.75 in October 2018 from to N211.64 in September 2018.

    States with the highest average price of diesel were Lagos (N238.55), Oyo (N231.32) and Sokoto (N231.25), and States with the lowest average price of diesel were Bayelsa (N189.44), Zamfara (N200.71) and Plateau (N203.93).

    Liquefied petroleum gas (Cooking Gas) Price Watch (October 2018) showed that the average price for the refilling of a 5kg cylinder increased by 1.79% month-on-month and decreased by -9.64% year-on-year to N2,145.30 in October 2018 from N2,107.48 in September 2018.

    States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,550.00), Gombe (N2,500.00) and Borno (N2,488.89), and States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Enugu (N1,918.18), Ebonyi (N1,916.67) and Kwara (N1,900.00).

    Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by1.40% month-on-month and decreased by -2.71% year-on-year to N4,437.54 in October 2018 from N4,376.19 in September 2018.

    States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Akwa Ibom (N5,150.00), Anambra (N4,861.54) and Borno (N4,785.71).

    States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo, (N4198.53), Yobe (N4,115.81) and Zamfara & Kebbi (N4,100.00)

     

  • Nigeria exports 43% total gas production, 7% flared

    Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has said Nigeria is exporting 43 per cent of total gas production in the country and that 7 per cent of total gas production is currently being flared.
    TheNewsGuru (TNG) reports in terms of production, the NNPC GMD informed that current average gas production is in the region of 8.5bscfd, and that of this volume about 3.7bscfd, which constitute the 43 per cent of total gas production, is exported.
    According to Baru, 2.7bscfd, 32% of total gas production, is used upstream for gas re-injection/gas-lift; 1.5bscfd, 18% of total gas production, is used domestically for power and industries, while the balance of 0.6 bscfd, the 7 per cent of total gas production, is currently being flared.
    He noted, while delivering the keynote address at the 11th Nigerian Gas Association (NGA) International Conference & Exhibition, that attainment of effective gas penetration was key to enhancing industrial growth of the transit towns and villages.
    He said this was in tandem with the objectives of the current administration’s Economic Growth Recovery Plan (ERGP) which in part aims to accelerate non-oil revenues, improve transportation infrastructure, drive industrialisation, stabilise macroeconomic environment, achieve agriculture and food sufficiency and ensure energy sufficiency.
    Providing an update on Nigeria’s gas credentials, the GMD Informed that the nation’s current proven gas reserve was about 202 trillion cubic feet (TCF) up from initial figure of 199TCF with a potential for up to 600TCF in undiscovered resources.
    He added that based on these numbers, Nigeria had almost 10 times the Trinidadian reserves base and is 9th in the world based on proven gas reserves, saying, with the undiscovered potential, Nigeria could be in the same league as Iran, Qatar, and Russia.
    Dr. Baru said the country had significantly increased domestic gas supply and had reformed the commercial framework for gas by reviewing the domestic gas price to export parity and developed World class standardized gas supply agreements.
    He noted that, going forward NNPC had developed a clear cut strategy for growing gas supply to meet the unprecedented growth in gas demand through, namely:
    Completion of the short term gas supply projects, Incremental supply from Nigerian Petroleum Development Company (NPDC) Oredo, Utorogu and Odidi re-entry projects. He said upon completion, the projects would deliver about 240mmscfd of gas to the domestic market by Q4 2018.
    The NNPC GMD said the corporation had made massive investments in the promotion of the usage of cooking gas with the revamp of the eight (8) LPG Butanization plants in Apapa, Ibadan, Oshogbo, Enugu, Ilorin, Gombe, Makurdi and Kano.
    “Our plan is to connect all the stations through pipelines to bring Liquefied Petroleum Gas (LPG) closer to consumers,” he said.
    Baru revealed that a major stride in the drive for optimization of the nation’s vast gas resources has been recorded with the execution of a novel contract between the NNPC and a private firm for the activation of virtual gas pipeline network for power generation.
    The project which would be facilitated through the installation of Mini-LNG plants is designed to supply, in the first instance, about 84 million standard cubic feet of gas per day (mmscf/d) by transporting gas from production fields using customized cryogenic tankers to areas that are not easily accessible through pipelines.
    Baru said the innovative gas supply technique would also further develop Nigeria’s energy sector and consequently help revitalize the manufacturing, textile and housing sectors through provision of the much needed affordable energy source.
    Earlier in his welcome address, NGA President, Engr. Dada Thomas emphasized the need for Nigeria to achieve optimization of its enormous gas resources through constructive engagements with stakeholders across value chain.
    He explained that NGA would continue to work with all relevant stakeholders to attain this central objective in the years and decades ahead.
    The NNPC GMD called on members of NGA to join forces with the NNPC and other stakeholders to ensure complete attainment of the Federal Government’s aspiration for the gas sub-sector.