… anticipates supply of 500MMscf of gas, in aggregate, to domestic market
…lauds NNPC Ltd, SEEPCO, Seplat Energy Plc over inauguration of gas projects
Oredola Adeola
The President has officially inaugurated the AHL Gas Processing Plant; the ANOH Gas Processing Plant, and the 23.3km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline, assuring investors in the energy sector of his administration’s resolve to further enhance the business environment and ensure investment convenience.
Chief Ajuri Ngelale. Special Adviser to President Tinubu on Media & Publicity, made this known in a statement obtained by Advisors Reports on Wednesday.
According to the statement, President Tinubu, in the virtual inauguration of the projects at the State House, Abuja stated that his administration is stepping up its coordination of other landmark projects and initiatives that will ensure the earliest realization of gas-fueled prosperity in the country.
The President noted that the gas plants are fully in line with the Decade of Gas Initiative and his government’s vision to grow value from the nation’s abundant gas assets while concurrently eliminating gas flaring and accelerating industrialization.
Tinubu said, “This event is highly significant to our country as it demonstrates the administration’s concerted efforts to accelerate the development of critical gas infrastructure geared at significantly enhancing the supply of energy to boost industrial growth and create employment opportunities.
.. 300MMscf/d ANOH Gas Processing Plant
…23.3km, 36-inch Gas Pipeline from the (ANOH Primary Treatment Facility to the OB3 Custody Transfer Metering Station
… 200MMscf/d AHL Gas Processing Plant 2
“It is pleasing that when these projects become fully operational, approximately 500MMscf of gas in aggregate will be supplied to the domestic market from these two gas processing plants, which represents over 25% incremental growth in gas supply.
“In practical terms, this is more gas to the power sector, gas-based industries, and other critical segments of the economy,” he said.
Tinubu further commended the strategic vision of the NNPC Limited and its partners, Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and Seplat Energy Plc, for, what he described as laudable and value-adding projects.
President Tinubu said that his government remains determined in its bid to leverage the nation’s vast gas capacity to drive economic growth.
“Aside from the presidential CNG initiative which is aimed at moving the good people of Nigeria away from petrol and diesel as vehicular combustion fuel, significant progress has also been recorded in incentivizing gas development through Presidential Directives.
“The theme of this inauguration – ‘From Gas to Prosperity; Renewed Hope’, must be adopted by all gas-sector participants and would-be investors as a clarion call to ramp up efforts to accelerate investment and developments of projects in the gas sector on a win-win basis.
“I would once again commend the efforts of NNPC Ltd, alongside SEEPCO and Seplat Energy, on this business partnership initiative, and congratulate you all on the successful implementation of the three projects,” the President said.
President Tinubu also reiterated his government’s resolve to continue to provide support in deepening domestic gas utilization, increase national power generation capacity, revitalize industries, and create multiple job opportunities for economic growth.
“Today, I have the singular honour to inaugurate the expansion of the AHL Gas Processing Plant, the ANOH Gas Processing Plant, and the 23.3Km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline Projects in line with my administration’s resolve to provide energy for Nigerians, and to use our vast natural gas resources to transform Nigeria,” the President concluded.
Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), in his address, highlighted the efforts of the Ministry to continue to champion the utilisation of gas as a transition fuel as Nigeria moves towards achieving clean energy efficiency and security by 2060.
Ekpo commended the President for his leadership and support towards the success of the three projects.
Mr. Mele Kyari, GCEO of NNPC Ltd., also in his addfress described the commissioning as a demonstration of Mr. President’s commitment and support to grow the domestic utilisation of natural gas for power generation, as feedstock for gas-based industries and the overall rapid industrialisation of Nigeria on the back of the enormous gas resources in the country.
Kyari assured that, as part of its mandate, NNPC Ltd. remains committed to maintaining energy security by executing more strategic gas projects for the benefit of Nigeria.