Nigeria’s huge gas reserves will be deployed for industrialization, others – NNPCL 

The Nigerian National Petroleum Company, Limited, NNPCL has reiterated its commitment towards utilizing Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development.

in a press statement made available to Blueprint, the NNPCL’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a Panel Session at the ongoing 2024 CERAWeek Conference in Houston, the United States on Tuesday.

Eyesan, whose session addressed the theme, “What are the Choices for Upstream Strategies?” said Nigeria is a predominantly gas-rich country which boasts of over 200TCF of gas that can be leveraged for the country’s industrialisation and economic development.

She noted that NNPC Ltd plans to deepen gas utilization domestically for industrialization and ensuring that the entire country feels and optimizes the use of the resource.

She said the Company is vigorously opening avenues for infrastructural gas development through various gas projects spread across the country.

“Our focus is how do we move from predominantly oil player to gas player and not just for gas for the sake of gas but gas for power generation, and for industrialization, “she stated.

“We want to capture all gas flared, utilize it and for domestic use and and ultimately, increase our energy transition footprints,” she said.