Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday said he was pursuing an “aggressive gas development programme’’ to stimulate economic growth.
He said this in a statement by Mr. Ndu Ughamadu, NNPC Group General Manager, Public Affairs Division, in Abuja.
He said the mandate was to ensure that gas infrastructure development was enhanced for gas supply, stressing that this was a critical focus areas in government’s 2016-2019 “Big Wins” for the Oil and Gas Industry.
“It is also in line with the NNPC’s 12 Key Business Focus Areas to grow the industry.
“With the vast Oil and Gas experience entrenched in this advisory board and with the passion, I, as the pioneer chairman of the NGA Advisory Board for gas development; I hereby re-dedicate myself to the aggressive development of the Nigerian Gas Sector.
“I commit myself and all members of the NGA Advisory Board to do everything possible to achieve the objectives of the Board which align perfectly with NNPC’s key business focus area,’’ he pledged.
Marketing the industry, he noted that opportunities at the upstream gas development included the acquisition and operatorship of oil blocks, drilling, rig leasing, and provision of engineering services, heavy equipment leasing, seismic acquisition and processing.
“In the downstream, opportunities for investment in LPG bottling and marketing, Investment in gas based industries (Fertilizer, Methanol, Petrochemicals, CNG stations and conversion workshop), EPC of fertilizer and petrochemical plants, manufacturing of LPG cylinders/accessories,” the minister said.