NNPCL is creating a regional gas pipeline network to supply natural gas across Africa – Kyari
This is according to Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited.
He said this while speaking at a Regional CEO Panel organised by McKinsey & Company at the COP28 Conference, in Dubai, on Monday, December 4.
According to a statement signed by Olufemi Soneye, the Chief Corporate Communications Officer at NNPCL, Kyari said that the company will play a major role in boosting Africa’s Liquefied Natural Gas (LNG) supply to the foreign market.
Kyari also highlighted that with abundant natural gas reserves of 206 trillion cubic feet (tcf) that have the potential to rise to 600 tcf, Nigeria is currently utilising gas to drive its journey towards energy transition.
Kyari stated further that the NNPCL is currently eliminating gas flares in almost all its gas projects.
The idea behind the move is to deploy such gas towards developing power plants nationwide, which will boost nationwide electricity supply, create employment opportunities, and trigger the nation’s industrial and economic development.