In a bid to realise the Federal Government’s mandate to deploy the nation’s gas resources to stimulate economic growth, the Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for domestic consumption by 285% from1.3billion standard cubic feet per day to 5bscf/d by 2020.
This was disclosed at the 7 Critical Gas Development Projects (7CGDP) stakeholders’ meeting on Tuesday at the NNPC Towers in Abuja.
The stakeholders made up of NNPC and seven (7) other oil and gas companies listed the seven (7) projects earmarked for fast-track execution to meet the 285% domestic gas supply growth projection to include: Assa North-Ohaji South Field Development (ANOH); Oil Mining Lease 24 and OML 18 Joint Development and Shell Petroleum Development Company Joint Venture/Nigeria Agip Oil Company Joint Venture Unitized Gas Fields.
Others are: NPDC’s OML 26, 30, 42 and Chevron Nigeria Limited’s OML 49 Makaraba Cluster Development; SPDC JV Gas Supply to Brass Fertilizer Company; OML 13 Cluster Development and Cluster Development of Okpokunou/Tuomo West (OML 35/62).
Addressing the partners at the meeting, the Group Managing Director of NNPC, Dr. Maikanti Kacalla Baru, stated that the Federal Government has directed the Corporation to aggressively pursue gas development to jump start the nation’s economic growth.
The GMD urged the partners work together to ensure that the critical gas projects were executed expeditiously for the benefit of the country, adding that NNPC Top Management was available to work with all stakeholders to ensure timely delivery of the projects.
Responding, the Managing Director of Shell Petroleum Development Company (SPDC), Mr. Osagie Okunbor, applauded the GMD for his uncommon focus to ensure optimal production and delivery of gas to power, industry and for export, assuring that with proper alignment of the key parties, the projects would be delivered as scheduled.
Endorsing the partnership, the Director of Department of Petroleum Resources, Mr. Mordecai Ladan, who was represented at the meeting, assured the stakeholders that the DPR would provide all the needed support to ensure the timely delivery of the projects.