NNPC Committed To Commercialisation Of Natural Gas Resources To Boost Economy Says Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that the corporation is committed to the commercialisation of Nigeria’s abundant natural gas resources to support balanced economic growth and job creation across the country.

Kyari spoke in Kaduna at the signing of a Memorandum of Understanding (MoU) between the NNPC, the Aggregation Company of Nigeria (GACN) and the Kaduna State Government for utilisation and expansion of gas supply in the state.

He said the initiative is aimed at utilising the nation’s abundant gas resources.

According to him, the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Projects will soon be complete to further boost the transmission of gas.

The utilisation and gas expansion project, which is being facilitated by the GACN, would ensure long-term involvement and support of the Kaduna State Government and key gas sector players, such as the Nigerian Gas Company (NGC), the Nigerian Gas Marketing Company (NGMC) and virtual pipeline companies to provide gas supply assurance to industries within the state on competitive terms.

Kyari, who led a team comprising the Managing Director of GACN, Mr. Olalekan Ogunleye, noted that Kaduna used to be a hub for industries and expressed the hope that the signing of the MoU will help provide the gas needed for some of those industries to be revived.

He said as the world transits to low carbon energy, the nation’s huge gas resources would continue to be an important source of clean energy for today and the future.

“There is no better way of making cheaper and cleaner energy than delivering gas into the domestic market,” he added.

He said further that the NNPC would continue to engage with stakeholders and partners to secure early market and ensure that the economic benefits of the AKK gas pipeline were maximized.

“NNPC is leading this coordinated effort with state governments and private sector investors to develop and demand framework for immediate and long-term gas supply solutions ahead of the completion of the AKK gas pipeline project,” Kyari said.

In his remarks, the Kaduna State Governor, Mallam Nasir El-Rufai, said gas supply to the state will bring additional source of energy for businesses and create job opportunities for residents of the state.

“We wholeheartedly welcome this project. Gas provides a cost-effective option for powering factories, homes and vehicles.

“For the Kaduna State Government, this project is a welcome boost to our investment and job creation strategy.

“It will create jobs and provide skills for artisans who will work on the gas pipelines and associated infrastructure,” El-Rufai said.

The governor added that besides job creation, “the project will power the industries that have responded with enthusiasm to our investment promotion campaign”.

“Let there be no doubt that the Kaduna State Government is committed to this MoU and the realisation of its goals in the interest of the people of Kaduna State,” the governor said.