The Nigerian National Petroleum Company (NNPC) Ltd has said its gas strategy is set to trigger Nigeria’s industrialisation and economic growth.
NNPC’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, disclosed this during a Panel Session at the 2024 CERAWeek Conference in Houston, the United States.
Eyesan 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 ensure that the entire country feels and optimizes the use of the resource.
She added that NNPCL 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 players to gas players and not just for gas for the sake of gas but gas for power generation, and for industrialization, “she stated.
Eyesan observed that the NNPC Ltd is also focused on emission reduction and gas flare-out, adding, “We want to capture all gas flared, utilize it for domestic use and ultimately, increase our energy transition footprints”.
