OIL & GAS

Bridging Energy Access Gap Vital For Nigeria’s Economic Growth—NNPCL Chief

<h4>Bridging Energy Access Gap Vital<&sol;h4>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that the Nigerian National Petroleum Company Limited &lpar;NNPC Ltd&rpar; has emphasized the critical importance of bridging the energy access gap to the creation of economic prosperity of the country&period;<&sol;p>&NewLine;<p>The called is contained in a statement signed by Olufemi O&period; Soneye&comma; Chief Corporate Communications Officer&comma; NNPC Ltd and made available to OpenLife&period;<&sol;p>&NewLine;<p>The statement stated that the Group Chief Executive Officer of NNPC Ltd&comma; Mr&period; Mele Kyari&comma; made the submission in a keynote address on industry operations with the theme&comma; &&num;8220&semi;Stability in the Energy Sector&colon;<&sol;p>&NewLine;<p>Integrated Strategies for Infrastructure&comma; Transportation and Security&comma;&&num;8221&semi; at the 2024 edition of Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum &lpar;SPE OLEF&rpar; held in Abuja&comma; on Thursday&period;<&sol;p>&NewLine;<p>To bridge the energy access gap in Nigeria&comma; Kyari said NNPC Ltd was working on developing the right infrastructure to deliver oil and gas to drive prosperity for Nigerians&period;<&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;We are committed to developing gas infrastructure across the country&comma;&&num;8221&semi; Kyari stated&comma; stressing that the company’s commitment was not just a statutory requirement of the Petroleum Industry Act&comma; but a pledge to ensure energy security beyond fuel supply&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;We are dedicated to investing in critical infrastructure to enhance economic prosperity by supplying gas to the domestic market&comma; targeting at least 8 billion cubic meters&comma;&&num;8221&semi;<&sol;strong><&sol;em> Kyari added&period;<&sol;p>&NewLine;<p>He listed some of the infrastructural projects being undertaken by the NNPC Ltd to help bridge the energy access gap in Nigeria to include the Obiafu&sol;Obrikom&sol;Oben &lpar;OB3&rpar; and Ajaokuta-Kaduna-Kano &lpar;AKK&rpar; pipelines&comma; adding that they are designed to enhance the nation’s gas supply network&period;<&sol;p>&NewLine;<p>On the global front&comma; Kyari said NNPC Ltd was working on expanding gas supply to the international market primarily through the NLNG Train 7 project while efforts were also being made to kick off Train 8 as well as the various floating LNG initiatives&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;punchng&period;com&sol;">Kyari called for support in leveraging Nigeria&&num;8217&semi;s abundant gas resources for economic prosperity&comma; emphasizing the need to bridge access gaps in electricity and clean cooking fuel&period;<&sol;a><&sol;p>&NewLine;<p>He assured stakeholders and investors of the support of President Bola Ahmed Tinubu&comma; whom he said is committed to the gas revolution&period;<&sol;p>&NewLine;<p>Also speaking at the event&comma; Chairperson of the Society of Petroleum Engineers &lpar;SPE&rpar; Nigeria Council and Head of Asset and Investments Management&comma; NGPIS&comma; Engr&period; Salahuddeen Tahir&comma; emphasized the critical role of energy in modern society&comma; stating&colon; &&num;8220&semi;It&&num;8217&semi;s a trigger for essential services such as transportation&comma; heating&comma; electricity generation&comma; medical services&comma; security&comma; banking services&comma; and communication&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Tahir said there was need to develop a diversified and sustainable energy transportation system as a measure for mitigating climate change and enhancing energy security&period;<&sol;p>&NewLine;<p>This year’s edition of the Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum &lpar;SPE OLEF&rpar; is the 24th in the series having debuted in 1991&period;<&sol;p>&NewLine;<p>The forum is focused on contributing to Nigeria&&num;8217&semi;s oil and gas industry policy development in commemoration of the first commercial oil discovery in Nigeria by Shell D’Arcy at Oloibiri&comma; Bayelsa State in 1956&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;24394" aria-describedby&equals;"caption-attachment-24394" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-24394" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;03&sol;NNPC-300x137&period;jpg" alt&equals;"Bridging Energy Access Gap Vital For Nigeria's Economic Growth---NNPCL Chief" width&equals;"300" height&equals;"137" &sol;><figcaption id&equals;"caption-attachment-24394" class&equals;"wp-caption-text"><em><strong>NNPCL<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

Share This
Openlife Reporter

Recent Posts

Alleged Sexual Harassment In The Senate: Natasha, Senate President Akpabio On A Final Showdown

Alleged Sexual Harassment In The Senate OpenLife Nigeria reports that Senator Natasha Akpoti-Uduaghan representing Kogi…

58 minutes ago

Knock Out For Governor Adeleke Over Withheld Council Funds: You Took Wrong Legal Step—Supreme Court

Knock Out For Governor Adeleke Over Withheld Council Funds   OpenLife Nigeria reports that the…

15 hours ago

The Woman I Really Love—Senator Ned Nwoko

The Woman I Really Love OpenLife Nigeria reports that in what seems a final decision…

20 hours ago

Oil And Gas Boom: Nigeria Offers 50 Oil Gas Blocks, Eyes $10 Billion Revenue

Oil And Gas Boom   OpenLife Nigeria reports that Nigeria has unveiled an ambitious plan…

2 days ago

Nigerian Presidency Challenges US Over Sharia Law

Nigerian Presidency Challenges US Over Sharia Law OpenLife Nigeria reports that Presidential Adviser on Policy…

2 days ago

United States Announces Visa Restriction Targeting Nigerians Over ‘Violation’

United States Announces Visa Restriction Targeting Nigerians OpenLife Nigeria reports that the United States has…

2 days ago

This website uses cookies.