• FG Sets To Boost Economy With Abundant Gas Resources, Lauds Oilserv | Independent Newspaper Nigeria

    Fg sets to boost economy with abundant gas resources lauds oilserv | independent newspaper nigeria - nigeria newspapers online
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    LAGOS – The Federal Government has declared its inten­tion to boost the nation’s economy with abundant gas resources.

    The government also com­mended Oilserv Limited for contributing immensely to the transition of Nigeria towards cleaner energy.

    President Bola Tinubu made the declaration during the week in Imo State, during the commissioning of three critical gas infrastruc­ture projects, including the ex­pansion of the AHL Gas Process­ing Plant in Kwale; Delta State and the ANOH Gas Processing Plant and the 23.3km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Sta­tion Gas Pipeline Projects.

    According to Tinubu, the present administration would ensure the full utilisation of the country’s gas resources in a bid to enhance domestic gas use and increase national power genera­tion capacity.

    He also explained that the government would ensure the revitalisation of the industries and create job opportunities for economic growth.

    Tinubu further told the gath­ering that the government had made significant progress in incentivising gas development through Presidential Executive Orders.

    The president commended the project partners for the in­vestment, maintaining that these were the beginning of other landmark projects and initiatives to ensure gas-fuelled prosperity in Nigeria.

    In an interview with jour­nalists at the event, Engr. Nnanna Anyanwu, Managing Director, Oilserv Limited, said that the company had contrib­uted immensely to the transi­tion of Nigeria towards cleaner energy.

    He stressed that this aligned with the nation’s ‘Decade of Gas’ initiative and global standards.

    Anyanwu stated further that the successful completion of the Assa Process Treatment Facility, the OB3 CTMS, and the extensive export pipeline under­scored Oilserv’s commitment to adhering to project timelines, en­suring safety, and maintaining high standards of quality and excellence.

    He maintained that the coun­try’s economy would hugely ben­efit from the increased use of domestic natural gas for power generation, its use as a feedstock for industries reliant on gas, and Nigeria’s quick modernisation due to its abundant gas resourc­es.

    He said: “Oilserv has not only enhanced our infrastructure ca­pabilities and technical exper­tise but also bolstered our global competitiveness. Importantly, this project delivers substantial value to our clients.”

    The Assa Gas Process Treat­ment Facility, inaugurated vir­tually by the President under the theme ‘Gas to Prosperity,’ encompasses the ANOH PTF – OB3 Custody Transfer Metering Station (CTMS) and a gas export pipeline project.

    This project involved the Engi­neering, Procurement, Construc­tion, Installation, and Commis­sioning (EPCIC) of a 36-inch by 23.3-kilometer gas export pipeline, equipped with Pigging facilities (Launcher & Receiver), facilitat­ing the transportation of natural gas from the NGC manifold at Assa to the OB3 CTMS, built and delivered by Oilserv Limited.

    He, however, lamented the insufficient infrastructure to harness Nigeria’s enormous gas resources, but expressed confidence that the government, through Nigerian National Pe­troleum Corporation Limited (NNPCL), would undertake additional strategically import­ant gas projects to benefit the country.

    Besides, His Royal Highness, Eze Emmanuel Assor, the tradi­tional ruler of Assa Autonomous Community in Ohaji/Egbema Local Government Area (LGA), commended the company for investing in an economic boom for both the local area and the nation.

    He noted the project’s poten­tial to create job opportunities and stimulate further invest­ments, despite the community’s sacrifices, including the loss of farmland.

    “This development is a source of joy for us. It will create em­ployment opportunities for our people, and we hope to receive concessional treatment due to our substantial contributions. Although our community has predominantly been agricul­tural, we are optimistic that this project will attract more inves­tors to our area,” he said.

    He also appealed to NNPCL to reciprocate the community’s sacrifices by providing essential developmental and infrastruc­tural amenities.

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