NNPC CEO Highlights Gas’s Vital Role in Driving Economic Growth and Industrial Progress
Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has emphasized the pivotal role of natural gas in propelling economic growth and industrial development in Nigeria.
Speaking at the public presentation of the book “The Rise of Gas: From Gaslink to the Decade of Gas” authored by Engr. Charles A. Osezua, Kyari underscored gas’s global acceptance as a vital energy source that sustains economic growth and spurs industrial activities.
Represented by NNPC Ltd’s Head of Relationship and Stakeholder Management, Mrs. Oluwakemi Olumuyiwa, Kyari emphasized the importance of documenting Nigeria’s gas sector. He stressed the need to prioritize natural gas production and supply, especially considering geopolitical dynamics and energy security in the global economy.
With Nigeria’s substantial gas reserves exceeding 200 trillion cubic feet (Tcf) and a potential to reach 600 Tcf, Kyari highlighted the significance of leveraging this resource for sustainable development, energy security, and job creation. He noted that the book aligns with the Federal Government’s “Decade of Gas” initiative, aimed at optimizing Nigeria’s abundant gas reserves for domestic consumption and international export.
Kyari added that NNPC Ltd has been at the forefront of advancing the “Decade of Gas” agenda through strategic investments in critical gas infrastructure such as pipelines and processing facilities.
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Engr. Charles Osezua, the author of “The Rise of Gas,” expressed gratitude to NNPC Ltd for its support towards the book launch, describing it as a significant contribution to Nigeria’s energy literature. He highlighted NNPC Ltd’s participation at the event as a testament to the company’s commitment to fostering knowledge sharing and innovation within the gas industry.
Engr. Afolabi Oladele, Chairman of the Impact Investors Foundation and former Group Executive Director of NNPC, commended the book for its comprehensive insights into the gas value chain, emphasizing its relevance to policymakers amid the global energy transition.
Source: NNPC Corporate Communications
