Sun: How we plan to grow 180tcf of gas –Alison-Madueke
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has given hints on how the country intends to grow its over 180 trillion cubic feet (tcf) of discovered gas.
The Minister made the disclosure at a recent meeting in Brussels where she told a gathering of other Energy Ministers from the European Union (EU) that the country equally has an additional 600tcf of undiscovered gas reserves.
The Minister explained that significant investment is planned to support expansion of the sector in the coming years. While increasing domestic power generation is a priority for the government, export capacity will also rapidly grow, particularly as new Liquefied Natural Gas (LNG) projects are completed.
She explained that the Federal Government has stated its resolve to support the long term gas supply security for EU countries as part of measures to expand the nation’s gas market across veritable frontiers, adding that the country is prime to explore its gas potentials to the fullest.
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