Malam Mele Kyari, Group Managing Director of NNPC

Nigeria set to play strategic role in new world energy order, says NNPC

*Nigeria has committed huge resources to ensuring that domestic gas infrastructure deepen natural gas utilisation, spur investment in power and gas-based industries, grow the economy, and generate employment for millions of young people ─Mele Kyari, Group Managing Director of Nigerian National Petroleum Corporation

Alexander Davis | ConsumerConnect

As the world transitions to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role in the new global energy order.

Malam Mele Kyari, Group Managing Director (GMD) of NNPC, stated this at the Decade of Gas Pre-summit Conference, Monday, March 29 in Abuja, FCT, with the theme: ‘Towards Gas-Powered Economy by 2030’.

The NNPC GMD in a welcome address at the event said that technology and innovation were facilitating a new global energy order aimed at decarbonising the world and safeguarding the climate.

Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, in a statement said Kyari stressed that renewable energy sources, such as solar and wind as key components of the new energy mix were largely influenced by seasons and were non-transportable to demand centres where they were in short supply.

He contended that under the circumstances, natural gas, and by extension blue hydrogen, would be heavily depended upon as transition fuels to play a key role in the clean energy drive and would provide significant proportion of the global energy mix as well as guarantee feedstock to gas-based industries.

The NNPC Chief stated: “Nigeria, under the visionary leadership of President Muhammadu Buhari, has committed huge resources to ensure that domestic gas infrastructure reach every corner of our country to deepen natural gas utilisation, spur investment in power and gas-based industries, grow the economy and generate employment for millions of our young people.”

According to him, Nigeria as a gas nation with over 203trillion standard cubic feet (tscf) of proven gas reserves is monetising the huge gas resources spurred by numerous policy and industry interventions since 2016, culminating in the declaration of 2020 as the year of gas and progressing into the decade of gas from 2021.

The statement also noted that Malam Kyari disclosed the NNPC and its partners have embarked on a number of strategic projects to deepen delivery of gas to the domestic market and elevate the build-up of greater potentials for export.

He said: “The completion of the Escravos-Lagos Pipeline System Phase 2 (ELPS II), commissioning of the Obiafu-Obrikom-Oben (OB3) Lot 2, the NPDC Oredo Gas Handling Facility, and the SEEPCO Gas Processing Plant can be easily cited, even without mentioning ongoing strategic backbone gas infrastructure projects, such as the Ajaokuta-Kaduna-Kano (AKK) pipeline, the OB3 final hook-up, the Nigeria-Morroco pipeline and several other gas-based industries initiatives.

“All these will herald the sunrise of gas revolution in our country within the decade.”

As part of the journey to make the Decade of Gas a reality, the Federal Government has also rolled out the Autogas initiative to provide alternative cleaner and cheaper transportation fuel to petrol, adding that the initiative has received huge support from the entire energy industry and gained tremendous traction, stated Kyari.

The NNPC GMD, therefore, commended President Buhari for his strategic foresight, leadership and support for the oil and gas industry.

The various strategic initiatives were geared towards transforming the Nigeria’s energy landscape, he added.

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