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How to save Nigeria’s economy, by NNPC boss

NNPC headquarters | File Image

Kyari said that NNPC was working on expanding gas supply to the international market primarily through the NLNG Train 7 project

By Stella Woke

The Nigerian National Petroleum Company Limited (NNPC) has said that bridging the energy access gap would boost economic prosperity for the nation.

The Group Chief Executive Officer of NNPC, Mr. Mele Kyari, made the disclosure at the 2024 edition of the Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum (SPE OLEF) held in Abuja, on Thursday.

 In his paper titled, “Stability in the Energy Sector: Integrated Strategies for Infrastructure, Transportation and Security,”

Kyari said that NNPC was working on developing the right infrastructure to deliver oil and gas to drive prosperity for Nigerians.

His words: “We are committed to developing gas infrastructure across the country.

“The company’s commitment was not just a statutory requirement of the Petroleum Industry Act, but a pledge to ensure energy security beyond fuel supply.

Mele Kyari, NNPC bOSS | File Image

Also read: NNPC woos upstream operators against insanity in oil, gas industry

“We are dedicated to investing in critical infrastructure to enhance economic prosperity by supplying gas to the domestic market, targeting at least 8 billion cubic meters.”

Represented by Olufemi Soneye, the Chief Corporate Communications Officer,

NNPC Limited, Kyari listed some of the infrastructural projects being undertaken by the NNPC to help bridge the energy access gap in Nigeria to include the Obiafu/Obrikom/Oben (OB3) and Ajaokuta-Kaduna-Kano (AKK) pipelines.

He explained that they were designed to enhance the nation’s gas supply network.

On the global front, Kyari said that NNPC was working on expanding gas supply to the international market primarily through the NLNG Train 7 project, while efforts were also being made to kick-off Train 8 as well as the various floating LNG initiatives.

Kyari called for support in leveraging Nigeria’s abundant gas resources for economic prosperity, emphasizing the need to bridge access gaps in electricity and clean cooking fuel.

He assured stakeholders and investors of the support of President Bola Ahmed Tinubu, whom he said was committed to the gas revolution.

valoa2000@yahoo.com

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