By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Bridging Energy Access Gap Vital for Nigeria’s Economic Growth, says NNPC Chief
Share
Sign In
Notification Show More
Latest News
Abia: NEMA, SEMA sensitise stakeholders to adopt flood containment measures
Environment Metro News
Police Recover Dead Bodies In Illegal Mining Site In Nasarawa
Environment Metro Mining News
NOGALSS unveils e-learning platform for underserved communities
Civil Society Organisations Metro News
ACE project nears funding close, stakeholders push sustainability
Civil Society Organisations Metro News
Karmo Village Head urges peace and spiritual reflection during Sallah
Culture Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > Bridging Energy Access Gap Vital for Nigeria’s Economic Growth, says NNPC Chief
BusinessNewsOil & Gas

Bridging Energy Access Gap Vital for Nigeria’s Economic Growth, says NNPC Chief

Publisher
By Publisher Published March 28, 2024
Share
3 Min Read
SHARE

The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical importance of bridging the energy access gap to the creation of economic prosperity of the country.

The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, made this submission in a keynote address on industry operations with the theme, “Stability in the Energy Sector: Integrated Strategies for Infrastructure, Transportation and Security,” at the 2024 edition of Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum (SPE OLEF) held in Abuja, on Thursday.

To bridge the energy access gap in Nigeria, Kyari said NNPC Ltd was working on developing the right infrastructure to deliver oil and gas to drive prosperity for Nigerians.

- Advertisement -
Ad image

“We are committed to developing gas infrastructure across the country,” Kyari stated, stressing that the company’s commitment was not just a statutory requirement of the Petroleum Industry Act, but a pledge to ensure energy security beyond fuel supply.

“We are dedicated to investing in critical infrastructure to enhance economic prosperity by supplying gas to the domestic market, targeting at least 8 billion cubic meters,” Kyari added.

He listed some of the infrastructural projects being undertaken by the NNPC Ltd to help bridge the energy access gap in Nigeria to include the Obiafu/Obrikom/Oben (OB3) and Ajaokuta-Kaduna-Kano (AKK) pipelines, adding that they are designed to enhance the nation’s gas supply network.

On the global front, Kyari said NNPC Ltd was working on expanding gas supply to the international market primarily through the NLNG Train 7 project while efforts were also being made to kick off Train 8 as well as the various floating LNG initiatives.

Kyari called for support in leveraging Nigeria’s abundant gas resources for economic prosperity, emphasizing the need to bridge access gaps in electricity and clean cooking fuel.

He assured stakeholders and investors of the support of President Bola Ahmed Tinubu, whom he said is committed to the gas revolution.

Also speaking at the event, Chairperson of the Society of Petroleum Engineers (SPE) Nigeria Council and Head of Asset and Investments Management, NGPIS, Engr. Salahuddeen Tahir, emphasized the critical role of energy in modern society, stating: “It’s a trigger for essential services such as transportation, heating, electricity generation, medical services, security, banking services, and communication.”

Tahir said there was need to develop a diversified and sustainable energy transportation system as a measure for mitigating climate change and enhancing energy security.

This year’s edition of the Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum (SPE OLEF) is the 24th in the series having debuted in 1991. The forum is focused on contributing to Nigeria’s oil and gas industry policy development commemoration of the first commercial oil discovery in Nigeria by Shell D’Arcy at Oloibiri, Bayelsa State in 1956.

Like this:

Like Loading...

Related

You Might Also Like

Abia: NEMA, SEMA sensitise stakeholders to adopt flood containment measures

Police Recover Dead Bodies In Illegal Mining Site In Nasarawa

NOGALSS unveils e-learning platform for underserved communities

ACE project nears funding close, stakeholders push sustainability

Karmo Village Head urges peace and spiritual reflection during Sallah

TAGGED: NNPC Limited

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher March 28, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article PTDF Boss Lists Measures To Accelerate Growth In Oil, Gas Sector
Next Article National security: CDS urges field commanders to be resilient, creative
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Abia: NEMA, SEMA sensitise stakeholders to adopt flood containment measures
Environment Metro News June 6, 2025
Police Recover Dead Bodies In Illegal Mining Site In Nasarawa
Environment Metro Mining News June 6, 2025
NOGALSS unveils e-learning platform for underserved communities
Civil Society Organisations Metro News June 6, 2025
ACE project nears funding close, stakeholders push sustainability
Civil Society Organisations Metro News June 6, 2025

You Might also Like

EnvironmentMetroNews

Abia: NEMA, SEMA sensitise stakeholders to adopt flood containment measures

June 6, 2025
EnvironmentMetroMiningNews

Police Recover Dead Bodies In Illegal Mining Site In Nasarawa

June 6, 2025
Civil Society OrganisationsMetroNews

NOGALSS unveils e-learning platform for underserved communities

June 6, 2025
Civil Society OrganisationsMetroNews

ACE project nears funding close, stakeholders push sustainability

June 6, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d