June 22, 2024
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OIL & GAS RENEWABLE ENERGY

Nigeria: NNPC Vows to Make Nigeria a Gas-Powered Nation

Group Chief Executive Officer, NNPC Ltd, Mr Mele Kyari, has pledged to make Nigeria a gas-powered nation. Kyari made this vow, while speaking at a ceremony held at the Eko Hotel & Suites in Lagos on Friday, where he was honoured with the Energy Times’ GCEO of the Year Award.

Kyari who was represented by the Chief Corporate Communications Officer of the Company, Mr Olufemi Soneye, said that NNPC Ltd, has been on transition since the passage of the Petroleum Industry Act (PIA) has been championing the push to transform Nigeria into a gas-powered nation in keeping with its enormous natural endowment with over 209 trillion cubic feet proven natural gas reserves.

“We are building gas infrastructure such as the OB-3 Gas Pipeline, AKK Gas Pipeline to deepen the use of gas in the domestic market, while we are also promoting the West Africa Gas Pipeline and the Nigeria-Morocco Gas Pipeline, as well as the Train 7 of the NLNG and number of Floating LNG Projects to deliver gas the global market,” he stated.

He also noted efforts to expand the company’s effort in the power sector, making the company a truly rounded energy company.

“Apart from our stakes in a number of Independent Power Plants such as Afam VI, Okpai Phases 1 and 2 with a combined installed capacity of 1,420MW, there have been plans to build three new power plants in the AKK Pipeline corridor Abuja, Kaduna, and Kano.

The ground-breaking ceremony of the 1,350MW wholly owned Gwagwalada Power Plant was performed by President Bola Ahmed Tinubu in August last year,” he added.

He appreciated the Energy Times editorial board for finding him worthy of the award, and dedicated the award to all the hardworking NNPC staff.

 

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