Gas critical to driving economic growth, industrial development — NNPCL GCEO, Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, has reiterated the crucial role of natural gas in fueling economic growth and industrial development in Nigeria.

Kyari spoke at the public presentation of the book, “The Rise of Gas: From Gaslink to the Decade of Gas,” authored by Engr. Charles A. Osezua.

He highlighted gas’ global acceptance as a crucial energy source that sustains economic growth and drives industrial activities.

Represented by NNPC Ltd.’s Head of Relationship and Stakeholder Management, Mrs. Oluwakemi Olumuyiwa, the NNPCL boss also emphasized documenting Nigeria’s gas sector.

In a statement by the Chief Corporate Communications Officer of NNPC Ltd., Mr. Olufemi Soneye, the GCEO underscored the significance of prioritizing natural gas production and supply, particularly in the context of geopolitical dynamics and energy security in the global economy.

With Nigeria’s substantial gas reserves exceeding 200 trillion cubic feet (Tcf) and the potential to reach 600 Tcf, Kyari said it is critical that Nigeria leverages the gas resource for sustainable development, energy security, and job creation.

He noted that the book aligns with the Federal Government’s “Decade of Gas” initiative, aimed at optimizing Nigeria’s abundant gas reserves for both domestic consumption and international export.

Kyari added that, as a key stakeholder, NNPC Ltd. has played a leading role in advancing the “Decade of Gas” agenda through strategic investments in critical gas infrastructure such as pipelines and processing facilities.

In his remarks, the author, Engr. Charles Osezua, who described the unveiling of “The Rise of Gas” as his significant contribution to Nigeria’s energy literature, expressed gratitude to NNPC Ltd. for its support towards the book launch.

Osezua said NNPC Ltd.’s participation at the occasion underscores the company’s commitment to fostering knowledge sharing and innovation within the gas industry.

Also speaking, Engr. Afolabi Oladele, Chairman of the Impact Investors Foundation and former Group Executive Director of NNPC, praised the book for its comprehensive insights into the gas value chain.

“The book will be relevant to policymakers amid the global energy transition.”