April 17, 2024
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OIL & GAS

Nigeria: Minister Assures of Increased Gas Supply to LNG Firms

Nigeria’s  Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has assured of ongoing efforts to to resolve the crisis in gas feedstock supplies to LNG production and distribution companies. The minster was on a tour of GreenVille LNG Ltd facility in Rumuji, Rivers State.

During the tour, he was informed by managers at the plant that Greenville LNG is presently equipped with three liquefaction trains and a total capacity to produce 2,250 metric tons of LNG per day. However, they lamented  that the three trains were not working at optimal capacities due to insufficient gas supply.

Ekpo, commended the company’s management for spearheading the first Liquefied Natural Gas, LNG, production and distribution company for domestic use in Nigeria. He also commended the subsidy removal on petrol by President Bola Tinubu, as it offered tremendous opportunities for the unlocking of the country’s huge gas potential for economic growth and prosperity.

“I am impressed with what I have seen here today. We are moving towards zero emission and we need to do everything to supply gas to Nigerians.

“The removal of fuel subsidy gives room for the development of the gas sector potential. And I want to assure you that the government of President Bola Tinubu will do everything to give you all the support that you need; we will do what is possible to increase gas supply to companies like yours,” he said.

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