Modular Methanol Production Unit

Nigeria, Israel partner on application of methanol production technology

*Methanol technology to expand chemical industry value-chain, enhance efficient transportation, alleviate climate change, improve electricity generation

Alexander Davis | ConsumerConnect

In a decisive move to actualise the implementation of the significant technology, and effect a marked change in the fortunes of the nation’s economy, Nigeria has signed a Memorandum of Understanding (MoU), with an Israeli firm, DOR Group of Companies on methanol production technology.

Dr. Ogbonnaya Onu, Honourable Minister for Science and Technology signed the MoU, while Prof. Vincent Asor, Chief Operating Officer (COO), signed on behalf of DOR Group of Israel the document Wednesday in Abuja, FCT, as a crucial step towards applying the methanol production technology, agency report said.

It was learnt that Mr. Yotam Kreiman, Deputy Chief of Mission, Embassy of the State of Israel, and Florence Osuji, Senior Economic Officer, witnessed the event.

Mr. Mohammed Abdullahi, Minister of State for Science and Technology, specking after the signing ceremony, said the Federal Government was determined to execute the terms of the agreement.

According to Abdullahi, the signing of the MoU would change the fortunes of Nigeria significantly.

The methanol technology shall expand the chemical industry value-chain, replacing kerosene as household cooking fuel, and contribute to efficient and effective transportation, he stressed.

Other advantages of the methanol production technology, he stated, is to mitigate climate change and improve electricity generation, he said.

Abdullahi further disclosed that the policy would create an enabling environment for more investment in the oil and gas sector, while bring about an end to gas flaring in Nigeria.

Prof. Asor also gave the assurance that DOR Group of Companies shall do its best to fulfil its own side of the agreement.

Quality and efficient engineering for which Israeli firms are known would be brought to bear in the implementation of the agreement, said the COO of DOR Group.

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