• FG Flaunts Achievements In Energy Sector – Independent Newspaper Nigeria

    Fg flaunts achievements in energy sector independent newspaper nigeria - nigeria newspapers online
    • 3Minutes – Read
    • 572Words (Approximately)

    LAGOS – The Federal Government, says it has taken vital steps to guarantee reliable energy delivery for power generation and industrial use in the country. 

    Ekperikpe Ekpo, Minister of State, Petroleum Resources (Gas),who disclosed this at the Nigerian Association of Energy Correspondents Conference , also said Nigeria has made significant progress in reducing gas flaring and methane emissions. 

    The theme of the confab is: “Gas as Energy Transition Fuel: Navigating Nigeria’s Trilemma of Finance, Energy Security, and International Politics”

    According to him, the NNPC Ltd/TotalEnergies Joint Venture has successfully achieved zero routine gas flaring across all its Nigerian assets, representing major milestone in the government’s commitment to achieving net-zero flare gas emissions. 

    He also said government has provided leadership in promoting flare gas elimination and methane abatement initiatives, ensuring Nigeria’s commitment to environmental sustainability.

    He disclosed that the government has commissioned several projects in the country such as the AHL Gas Processing Plant, the ANOH Gas Processing Plant, and the ANOH-OB3 Gas Pipeline. 

    These projects, he said, will significantly expand Nigeria’s gas processing and transportation capacity, fueling both domestic and industrial growth.

    The government has also deployed Compressed Natural Gas stations across the country through the NNPC in support of the energy transition, he said. 

    Advertisement

    He also said the government has launched the Ride Share CNG Conversion Incentive Programme, alongside the My CNG App, which offers a 50% discount for rideshare drivers. 

    He added: “This initiative promotes compressed natural gas (CNG) as a cleaner, more affordable fuel option for transportation while reducing the financial burden on drivers and promoting a shift to cleaner fuels.

    “We have made remarkable progress in commissioning new gas processing facilities across the country, including the 3.1 million metric tonnes per day CNG plant in Ogun State, the 5.2 MMscfd CNG/autogas facility in Lagos, and the 300 MMscf/d Kwale Gas Gathering Hub in Delta State. These projects not only boost gas supply but also create jobs, stimulate local economies, and increase access to clean energy”.

    He spoke on the forthcoming Gas Sales Purchase Agreement (GSPA) for the Brass Methanol Project, which will inject $3 billion into Nigeria’s gas industry. 

    This investment, he said, will not only enhance Nigeria’s position in the global gas market but also stimulate the local economy by creating jobs and expanding Nigeria’s industrial base.

    He revealed that the Federal Government has constituted the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to address critical financing gaps in infrastructure development. 

    He noted that this will go a long way in ensuring that our gas resources are efficiently harnessed and delivered to the market.

    He added:” As we continue to navigate the complexities of energy transition, your work in informing the public, creating awareness, and fostering dialogue will be essential in shaping the future of Nigeria’s energy sector.

    “As we look ahead, our shared objective remains clear: to harness the potential of natural gas to drive sustainable economic growth, secure our energy future, and ensure Nigeria’s leadership on the global energy stage. Together, we must continue to work collaboratively, embracing the opportunities that lie ahead while addressing the challenges that confront us.

    “I commend the Nigerian Association of Energy Correspondents for their dedication and commitment to raising awareness about the critical issues facing our energy sector. I am confident that through our collective efforts, Nigeria’s gas sector will continue to thrive and provide a lasting legacy for future generations”.

    See More Stories Like This