President Bola Tinubu has virtually inaugurated three critical gas infrastructure projects in Imo and Delta States aimed at driving Nigeria’s gas sector and boosting economic growth.
The projects include the ANOH-OB3 CTMS gas pipeline and ANOH gas processing plant in Assa, Ohaji/Egbema in Imo State, as well as the expansion of the AHL gas processing plant 2 gas project in Kwale, Delta State.
These endeavors, undertaken by the Nigerian National Petroleum Company Ltd (NNPC) and partners, align with Tinubu’s commitment to leveraging gas to stimulate economic growth.
According to NNPC Ltd, these projects will increase the country’s gas production capacity by 500MMscf/d and expand the gas pipeline network by 23.3 kilometers.
Tinubu emphasized the significance of these inaugurations in accelerating the development of critical gas infrastructure, enhancing energy supply to spur industrial growth, and creating job opportunities.
The president highlighted that approximately 500MMscf of gas will be supplied to the domestic market from these gas processing plants, representing over 25% incremental growth in gas supply. This increased supply is expected to benefit the power sector, gas-based industries, and other critical segments of the economy.
Tinubu commended the strategic vision of NNPC Ltd and its partners, Sterling Oil Exploration and Energy Production Company Limited (SEEPCO), and Seplat Energy Plc, for their contributions to these projects, emphasizing their value in advancing Nigeria’s gas sector.
Furthermore, Tinubu reiterated the government’s commitment to diversifying from petrol and diesel and incentivizing gas development through Presidential Executive Orders. He assured Nigerians of the government’s dedication to facilitating the ease of doing business and promoting investment in the energy sector.
Mele Kyari, the Group Chief Executive Officer of NNPC, reaffirmed the corporation’s commitment to ensuring energy security through the execution of strategic gas projects.
These projects, he noted, would increase gas processing capacity and reduce dependency on gas importation, aligning with the government’s goal of deriving value from the nation’s gas assets while mitigating environmental impact.
In his remarks, the Minister of State for Petroleum Resources (Gas), Ekerikpe Ekpo, emphasized that the projects would enhance domestic gas availability, boost power generation, and accelerate industrialization in Nigeria.
He commended the president for his forward-thinking leadership and encouragement, which facilitated the successful implementation of these projects.
The inauguration of these gas infrastructure projects signals a significant step towards harnessing Nigeria’s abundant gas resources to drive economic prosperity and sustainable development.
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