OIL & GAS

NNPC Ltd Chief Emphasizes Role Of Gas in Driving Economic Growth, Industrial Development

<h4>NNPC Ltd Chief Emphasizes Role Of Gas in Driving Economic Growth</h4>&NewLine;<a href="https&colon;//openlife&period;ng/">OpenLife Nigeria</a> reports that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd&period;) Mr&period; Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and industrial development in Nigeria&period;&NewLine;Kyari, who was speaking at the public presentation of the book &&num;8220&semi;The Rise of Gas&colon; From Gaslink to the Decade of Gas&&num;8221&semi; authored by Engr&period; Charles A&period; Osezua, the GCEO highlighted gas&&num;8217&semi; global acceptance as a crucial energy source that sustains economic growth and drives industrial activities&period;&NewLine;In a statement signed by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd and made available to OpenLife, Mr&period; Mele Kyari was represented by NNPC Ltd’s Head of Relationship and Stakeholder Management, Mrs&period; Oluwakemi Olumuyiwa&period;&NewLine;According to the statement, the GCEO also emphasized the importance of documenting Nigeria&&num;8217&semi;s gas sector&period;&NewLine;The GCEO underscored the significance of prioritizing natural gas production and supply, particularly in the context of geopolitical dynamics and energy security in the global economy&period;&NewLine;With Nigeria boasting substantial gas reserves exceeding 200 trillion cubic feet (Tcf) and a potential to reach 600 Tcf, the GCEO said it is pertinent Nigeria leverages the gas resource for sustainable development, energy security, and job creation&period;&NewLine;He noted that the book aligns with the Federal Government&&num;8217&semi;s &&num;8220&semi;Decade of Gas&&num;8221&semi; initiative, aimed at optimizing Nigeria&&num;8217&semi;s abundant gas reserves for both domestic consumption and international export&period;&NewLine;Kyari added that as a key stakeholder, the NNPC Ltd has played a leading role in advancing the &OpenCurlyDoubleQuote;Decade of Gas” agenda through strategic investments in critical gas infrastructure such as pipelines and processing facilities&period;&NewLine;In his remarks, the author, Engr&period; Charles Osezua, who described the unveiling of &&num;8220&semi;The Rise of Gas&&num;8221&semi; as his significant contribution to Nigeria&&num;8217&semi;s energy literature, expressed gratitude to the NNPC Ltd for its support towards the book launch&period;&NewLine;<a href="https&colon;//www&period;vanguardngr&period;com/">Osezua said NNPC Ltd&&num;8217&semi;s participation at the occasion underscores the Company’s commitment to fostering knowledge sharing and innovation within the gas industry</a>&period;&NewLine;Also speaking, Chairman of the Impact Investors Foundation and former Group Executive Director of NNPC, Engr&period; Afolabi Oladele, lauded the book for its comprehensive insights into the gas value chain, saying it will be relevant to policymakers amid the global energy transition&period;&NewLine;<figure id="attachment&lowbar;24544" aria-describedby="caption-attachment-24544" style="width&colon; 300px" class="wp-caption alignnone"><img class="size-medium wp-image-24544" src="https&colon;//openlife&period;ng/wp-content/uploads/2024/04/Osezuwa-2-300x158&period;jpg" alt="NNPC Ltd Chief Emphasizes Role Of Gas in Driving Economic Growth" width="300" height="158" /><figcaption id="caption-attachment-24544" class="wp-caption-text">Representative of the GCEO NNPC Ltd and Head of the Company’s Relationship and Stakeholder Management, Mrs&period; Oluwakemi Olumuyiwa delivers an address during the public presentation of the book &&num;8220&semi;The Rise of Gas&colon; From Gaslink to the Decade of Gas&&num;8221&semi; authored by Engr&period; Charles Osezua, in Lagos</figcaption></figure>&NewLine;

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