The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Ltd., Mele Kyari, says the company will utilise Nigeria’s abundant gas resources to revolutionise the nation’s power and industrial sector.
Mr Kyari said this in Abuja at a Shareholders Agreement (SHA) signing between the NNPC Ltd., UTM Offshore (an indigenous company) and Delta State Government, on the development of the first Floating Liquefied Natural Gas (FLNG) facility in Nigeria.
He said in a statement that gas would be used to bring revolution in Nigeria in the next two to three years, assuring that progress was already being made on the initiatives to bring gas to the domestic market.
“Our backbone infrastructures are almost ready to ensure we achieve that. Once that happens, we will see the immediate impact on the power sector, gas-based industries and several collateral values this will create,” the GCEO said.
Describing the FLNG project as a task that must…