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

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