NNPC Chief Underscores Gas as Crucial Driver of Economic Growth and Industrial Development.
Mr. Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has reaffirmed the pivotal role of natural gas in propelling economic growth and fostering industrial development across Nigeria.
Kyari emphasized the significance of natural gas during his address at the public presentation of the book “The Rise of Gas: From Gaslink to the Decade of Gas,” authored by Engr. Charles A. Osezua. He underscored the global acknowledgment of gas as a vital energy source crucial for sustaining economic progress and driving industrial activities.
Representing the NNPC Ltd. GCEO, Mrs. Oluwakemi Olumuyiwa, Head of Relationship and Stakeholder Management, stressed the importance of documenting Nigeria’s gas sector and prioritizing gas production and supply, especially in light of geopolitical dynamics and energy security concerns globally.
With Nigeria’s substantial gas reserves exceeding 200 trillion cubic feet (Tcf) and the potential to reach 600 Tcf, Kyari highlighted the need for leveraging this resource to achieve sustainable development, ensure energy security, and facilitate job creation in Nigeria.
He noted the alignment of the book with the Federal Government’s “Decade of Gas” initiative, aimed at optimizing Nigeria’s abundant gas reserves for both domestic consumption and international export. Kyari further emphasized NNPC Ltd.’s proactive role in advancing the agenda of the “Decade of Gas” through strategic investments in critical gas infrastructure such as pipelines and processing facilities.
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 his contribution to Nigeria’s energy literature. He highlighted NNPC Ltd.’s participation as a testament to the company’s commitment to promoting knowledge sharing and innovation within the gas industry.
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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. He emphasized its relevance to policymakers amidst the ongoing global energy transition, acknowledging its potential to inform strategic decisions in Nigeria’s energy sector.
