Adedapo Adesanya
By Adedapo Adesanya
The Nigerian Content Development and Monitoring Board (NCDMB) says it has developed strategies to improve investments in the country’s gas sector.
This is coming as the global demand for the reduction of carbon emissions and the need for cleaner sources of energy continue to rise.
To this end, NCDMB said it has partnered with 15 firms to set up projects covering modular refining, gas processing, gas distribution, power generation and manufacturing in order to take the country towards the federal government’s decade of gas goal.
Speaking on Monday, the General Manager, Corporate Communication and Zonal Coordinator of NCDMB, Mr Ginah O. Ginah, explained that this is in line with President Muhammadu Buhari’s declaration of 2021 – 2030 as Nigeria’s Decade of Gas.
He explained that the board has mapped out strategies to ensure that gas is made Nigeria’s transition fuel.
According to him, some of the gas-based projects of the board include a partnership with Rungas to produce 1.2 million LPG Composite cylinders per annum in Bayelsa and Lagos States, as well as collaboration with NEDO Gas Processing Company in Kwale, Delta State, for the establishment of 80millionscf m per day gas processing plant and a 300 million standard cubic feet per day gas gathering hub.
He said, “It is worthy of note that 70 per cent of our investments are on gas-based activities, especially midstream and downstream gas. Our investments underscore the importance of gas to Nigeria’s economic sustainability, apart from its role in the energy transition.
“We know for certain that gas can lead Nigeria to food sufficiency, industrialization, increase in Gross Domestic Product, and electric power sufficiency.
“Above all, the investments by the NCDMB are helping to create employment opportunities for Nigerian youths, catalyze the local economy and achieve the Nigerian Content 10-Year Strategic Roadmap.”
He continued, “Some of our gas-based projects include our partnership with Rungas to produce 1.2 million LPG Composite cylinders per annum in Bayelsa and Lagos States and our collaboration with NEDO Gas Processing Company in Kwale, Delta State for the establishment of 80 million standard cubic feet per day gas Processing Plant and a 300 million standard cubic feet per day Gas Gathering hub.
“The board is also working with Duport Midstream to establish an Energy Park at Egbokor, Edo State. The park would include a 40 million standard cubic feet per day gas processing plant, 2,500 barrels per day modular refinery and 20 megawatts power plants.
“The board partnered with the NNPC to invest in Brass Fertilizer and establish 10,000 tonnes per day Methanol Production plant at Odioama, Brass, Bayelsa State, just as we are investing with Triansel Gas Limited in Koko, Delta State to establish a 5,000 Metric Tons per day LPG Storage and Loading Terminal Facility.
“Another important partnership is with Southfield Petroleum to establish 200 million metric standard cubic feet of the gas processing plant at Utorogu, Delta State. The project will produce 123,000 Million Tons Per Annum of LPG, about 10 per cent of current LPG demand nationwide.
“In the same vein, the Board is collaborating with Amal Technologies to set up a plant in Abuja to produce Smart Gas/Smoke Detector Alarm devices.”
