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Nigeria Commits 5 Billion Cubic Feet of Gas Daily for Domestic and Export Markets

Blessing Joseph by Blessing Joseph
November 28, 2023
in Business, Energy, News, Oil & Gas
0
Nigeria Commits 5 Billion Cubic Feet of Gas Daily for Domestic and Export Markets
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During the West African Gas Pipeline Authority Committee of Ministers (COM) meeting in Cotonou, Benin Republic, Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, reaffirmed Nigeria’s commitment to supplying consistent gas to member countries like Benin, Togo, and Ghana to meet their energy needs.

Ekpo pledged 5 billion cubic feet per day (bcf/d) of gas for domestic usage and export markets as part of Nigeria’s Decade of Gas Initiative. He highlighted initiatives such as the Nigerian Gas Expansion Program (NGEP) and the Compressed Natural Gas (CNG) initiative, aiming to transition the country from an oil-based to a gas-based economy.

The Minister emphasized ongoing efforts to ensure reliable gas supply through the West African Gas Pipeline (WAGP) via N-Gas Limited, facilitating the commercialization of Eastern gas resources. Ekpo also pledged support for resolving challenges within the Escravos Lagos Pipeline System (ELPS) and highlighted projects addressing pressure issues within the system.

He stressed Nigeria’s focus on gas as a primary fuel source, promoting initiatives like the CNG program and NGEP to maximize the country’s natural gas resources. Ekpo convened a meeting to address the soaring prices of cooking gas ahead of the Christmas holidays, urging solutions to alleviate cost pressures and enhance local LPG production, aligning with President Tinubu’s intentions.

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