BusinessHighlightOil & Gas

FG pledges 5bn cubic feet of gas supply to domestic, export markets

The Minister of Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, disclosed this at the just concluded West African Gas Pipeline (WAGP) Authority Committee of Ministers (COM) meeting in Cotonou, Benin Republic, while speaking on

1.9k

The Federal Government has pledged five billion cubic feet of gas per day to domestic and export markets.

Persecondnews reports that with this, countries like Benin, Togo, and Ghana will keep getting consistent gas supply from Nigeria to meet their domestic energy needs.

The Minister of Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, disclosed this at the just concluded West African Gas Pipeline (WAGP) Authority Committee of Ministers (COM) meeting in Cotonou, Benin Republic, while speaking on “Nigeria’s Decade of Gas Initiative.”

According to the minister, the initiative will ensure a continuous supply of reliable gas to WAGP through the N-Gas Limited which aims to develop and commercialize over 5 billion cubic feet per day (bcf/d) of gas for both domestic usage and export markets

He also disclosed the Nigerian Gas Expansion Program (NGEP) as well as the Compressed Natural Gas (CNG) initiative will take Nigeria from an oil-based economy to a gas-based economy.

To ensure a consistent and reliable supply of gas to the WAGP through N-Gas Limited, the minister reaffirmed the commitment to commercializing Eastern gas resources.

Ekpo noted that the West African gas pipeline system had helped the Nigerian government’s commitment to fostering unity within the West African sub-region and ensuring energy stability.

He said Nigeria’s current focus on gas as a primary fuel source and ongoing initiatives are aimed at maximizing the country’s vast natural gas resources.

Persecondnews recalls that Ekpo had recently scheduled that the Nigeria-Morocco gas pipeline project would be completed in 2024.

The Nigeria-Morocco gas pipeline project is a critical infrastructure that spans across 5,600 kilometers, cutting across 13 African countries.

The countries are Nigeria, Benin, Togo, Ghana, Côte d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, the Gambia, Senegal, Mauritania, and Morocco.

On completion, it will transport gas from Nigeria to West African nations, linking through Morocco and extending to Europe.

In September 2023, the Nigerian National Petroleum Company Limited (NNPC Ltd), had highlighted multiple advantages of the pipeline project, emphasizing its potential to create wealth, elevate living standards, boost regional economic integration, combat desertification, and notably reduce carbon emissions.

Leave a comment

Related Articles

Electoral Act Row: Senate Calls Emergency Session

Senate President Godswill Akpabio has summoned lawmakers for an emergency session scheduled...

Probe Senate Now: SERAP Drags Lawmakers to CCB over Electoral, Tax Laws

The Socio-Economic Rights and Accountability Project (SERAP) has filed a petition with...

UK-Based Blogger Maureen Badejo Faces Ibadan Court Over Alleged Defamation of Pastors Olukoya, Suleman Feb. 9

UK-based blogger Maureen Badejo is scheduled to appear before the Federal High...

Police Allegedly Assault Content Creator Ijoba Lande, Brother, $1,200, iPhone 16 Pro Max Stolen

Popular content creator, Ijoba Lande, has accused some policemen in Lagos of...

US Backs Tinubu’s Troops Deployment After “Heinous” Kwara Massacre

The United States has voiced strong disapproval over a brutal assault targeting...

Just in: INEC Registers DLA, NDC Parties, Recognizes Wike-Backed PDP Faction

The Independent National Electoral Commission (INEC) has expanded Nigeria’s political landscape by...

Updated: Kaduna Governor Confirms Release of 82 Abducted Worshippers

In a significant relief for Kaduna State, Governor Uba Sani has announced...

Breaking: Abducted Kaduna Church Members Regain Freedom

All worshippers abducted from three churches in the Kurmin Wali community of...

Grief Hits Nollywood as Actress Aunty Ajara Dies

Following a protracted illness, another actress, Aunty Ajara, has passed on, throwing...

‘A Betrayal of Trust’: YIAGA Africa Slams Senate Over Electoral Act Passage

YIAGA Africa Executive Director Samson Itodo has accused the Senate of betraying...

Normalcy Restored As Workers Back at FCTA Secretariat After Strike

The Federal Capital Territory Administration (FCTA) Secretariat has returned to full operation...

2027 Election Prep on Track Despite Electoral Act Delays – INEC Chairman Amupitan

In spite of the National Assembly’s delay in passing the amended Electoral...

Loknath Mishra Takes the Helm at UBA UK as New CEO

Africa’s Global Bank, United Bank for Africa (UBA), has announced the appointment...

NRC Alleges Oyo Local Govt Chairman of Vandalizing Railway Assets Worth Millions

The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...

Counter-Terrorism & Strategy: Why U.S. Special Forces Are in Nigeria – Gen. Anderson

To decisively tackle terrorism in West Africa, the United States has dispatched...

Lagos Assembly Orders Halt to Makoko Demolitions Amid Standoff with Gov. Sanwo-Olu

A major rift has emerged between the Lagos State House of Assembly...

Just In: Terrorism & Arms Charges: DSS Arraigns ex-AGF Malami, Son

Former AGF Abubakar Malami and his son, Abdulazeez, have been remanded in...

“No Deal”: Presidential Claimant Fernando Dias Rejects Guinea-Bissau Junta’s Transition Plan

By Paul Ejime Dr Fernando Dias da Costa, who claimed victory in...

UK Prosecutors Reveal Diezani Spent £140k on Luxury Furniture in One-Day Shopping Spree

As the trial of former Nigerian Petroleum Minister Diezani Alison-Madueke continues in...

“Democracy Forbids It”: Falana Argues Against Court-Martial for Soldiers in Alleged Coup

Mr. Femi Falana (SAN), prominent human rights lawyer, has argued that military...