SPDC to grow Nigeria’s domestic gas industrial project

GIFT ROBERTS

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has reassured its commitment to support the goal of the Federal Government of Nigeria to use the country’s proven gas reserves to trigger economic activities for gas-based industrialisation.

The SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr Osagie Okunbor, speaking at the Nigerian Gas Association’s 12th International Conference and Awards held virtually recently, under the theme, “Powering Forward: Enabling Nigeria’s Industrialization via Gas”, said shell’s support is visible in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s Seven Critical Gas Development Projects.”

According to him, “Shell has invested in the Assa North Gas Project; Four Unitised Gas Fields; Brass Fertilizer Company; and the Cluster Development of Okpokunou/Tuomo West (OML 35/62) to support the government’s drive for national development.”

He added, “I am very happy that NNPC and the Nigerian Content Development and Monitoring Board have taken key roles in these projects. These are positive steps.”

The SPDC Boss also commended the recent progress made by the government in gas development and pledged support for NNPC’s aspiration to grow domestic gas usage in Nigeria to 5 billion cubic feet of gas per day from its current 1.7 billion cubic feet of gas per day by 2022.

“Nigeria has launched out on a few audacious and frankly, great projects to essentially drive our ambition as a country in this regard. Let’s find a way to make sure that we stay the course and begin to put our efforts in a consistent manner towards downstream where our country can get the ultimate benefit for gas,” he said.

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