NNPC unveils plans to expand gas generation

Posted On August 11th, 2017 - 9:53 pm | by Oil and gas press

Pledges Support to FG’s Aspiration to Generate 10GW of Electricity
In its bid to support the Federal government’s aspiration to increase power generation to 10GW, the Nigerian National Petroleum Corporation (NNPC) has unveiled plans to expand gas generation and distribution nationwide.

NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this when a delegation of the Nigerian Gas Association led by its President, Engr. Dada Thomas, paid him a courtesy visit yesterday, in Abuja.

The GMD said that the recent debt settlement for the Joint Ventures would have great impact on the Gas Industry as the initiative was capable of freeing some dedicated funds that could be used to develop the sector.

“We have the aspiration of government to raise power generation to at least 10 giga watts capacity, not just 10GW in terms of installed capacity, but one that will be steady in the grid by 2020. All these will drive our activities to ensure that the gas business is expanded and government’s aspiration to earn as much revenue from gas as oil will definitely be realized”

, Dr Baru stated.

The GMD said the current efforts to connect the eastern part of the country, where there are a lot of gas reserves, with the west, where high consumption demand exists, demonstrated NNPC’s readiness to impact positively on the power sector.

Dr. Baru stated that a lot has been achieved in the contracting process of the $2.7billion Ajaokuta-Abuja-Kaduna-Kano pipeline project, dubbed AKK Pipeline Project.

Source / More: Nigerian National Petroleum Corporation (NNPC)

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