President Bola Tinubu, on Wednesday, commissioned some gas infrastructure projects in Imo State, South-East Nigeria.
He commissioned the expansion of the AHL Gas Processing Plant, the ANOH Gas Processing Plant and the 23.3Km ANOH to Obiafu-Obrikom-Oben(OB3) Custody Transfer Metering Station Gas Pipeline Projects.
The President joined the event virtually from the Aso Rock in Abuja.
Some of the dignitaries physically in attendance were Delta State Governor, Sheriff Oborevwori; the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri; and his counterpart for the gas sector, Ekperikpe Ekpo.
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, was also present
The President said the commissioning event demonstrated his administration’s concerted efforts to accelerate the development of critical gas infrastructure geared at enhancing the supply of energy to boost industrial growth.
He said, “Also, the projects are fully in line with the Decade of Gas initiative, and the Federal Government’s quest to grow value from the nation’s abundant gas assets while concurrently eliminating gas flaring and accelerating industrialisation.
“It is pleasing that approximately 500MMscf of gas in aggregate would be supplied to the domestic market from these two Gas Processing Plants, which represents over 25% incremental growth in gas supply. In practical terms this is more gas to the Power Sector, Gas-Based Industries and other critical segments of the economy. I therefore commend the strategic vision of the NNPC Limited and its partners Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and Seplat Energy Plc for this laudable and value adding projects.
“From the outset of this administration, we have been very clear of our intention to leverage on the virtually unlimited capacity of gas to drive economic growth. Aside from the presidential CNG initiative which is aimed at moving the good people of Nigeria away from petrol and diesel as vehicular combustion fuel, significant progress has also been recorded in incentivising gas development through Presidential Executive Orders.
“I wish to assure the citizenry that indeed these are just the beginning, as the federal government is stepping up its coordination of other landmark projects and initiatives that will ensure the earliest realization of gas fueled prosperity in our country. Consequently, I wish to assure investors in the energy space that this is an investment enabling government and we will not relent in facilitating the ease of doing business.
“The theme of this commissioning – “From Gas to Prosperity; Renewed Hope” must be adopted by all gas sector participants and would-be investors as a clarion call to ramp up efforts to accelerate investment and developments of projects in the gas sector on a win-win basis.
“I would once again commend the efforts of NNPC Ltd, alongside SEEPCO and Seplat Energy on this business partnership initiative and congratulate you all on the successful implementation of the three projects.”
