The Nigerian National Petroleum Corporation is focusing on growing Nigeria’s domestic gas utilisation for balanced economic growth.
Group Managing Director, NNPC, Mele Kyari, said this on Tuesday at the BusinessDay Energy Series Summit which held virtually with theme, “Nigeria at 60: Harnessing Nigeria’s Energy for the Future.”
The corporation’s spokesperson, Kennie Obateru, quoted the GMD in a statement issued in Abuja as saying that NNPC was working on growing domestic gas utilisation to five billion standard cubic feet of gas per day.
Kyari also said the corporation was developing five gigawatts of power generation by 2022.
The NNPC boss said the oil firm was committed to delivering key gas infrastructural projects such as the Escravos-Lagos Pipeline System II, Obiafu-Obrikom-Oben Gas Pipeline, Ajaokuta-Kaduna-Kano Gas Pipeline, and Central Gas Processing Facilities.
He said, “At the NNPC we are aggressively pursuing other gas development initiatives with the aim of improving Nigeria’s economy using the appropriate fuels.
“In terms of gas and power, we are developing and integrating gas and power infrastructure networks (increase interconnectivity) as well as stimulating gas demand (power generation, feedstock and transport, etc).
Kyari said the NNPC was exploring partnerships and investments in transmission to unlock evacuation and improve power distribution across the country.
He said the Nigerian Liquefied Natural Gas Train 7 would be delivered by 2024.