The Nigerian National Petroleum Corporation (NNPC) has heightened the hunt for investments as it declared plans to surge the country’s gas output for the global gas market to three billion standard cubic feet (scuf) daily.



Group Managing Director of the Corporation, Mele Kyari, who declared this at the annual conference organised by the National Association of Energy Correspondents (NAEC) in Lagos, yesterday, maintained that gas is the needed catalyst for national development.


“All hands must be on deck to ensure that, using the realistic government policies, gas is fully utilized domestically to power industries and fast track the nation’s march towards industrialization,” he said.



Part of what should be done, according to Kyari who was represented at the event by the Chief Financial Officer, Umar Ajiya, is “to open up the midstream, complete all critical gas development projects targeted at delivering about 3Bscfd to gas market, ensure the closeout of investment decision on NLNG Train 7 and improve domestic utilization to boost power generation and industrial growth.”



Speaking on the conference theme: ‘Harnessing Oil and Gas Potentials for National Development,’ the NNPC’s boss said: “Our concerns should be, among others, on what we need to do to harness Nigeria’s oil and gas potentials towards national development, more so, in the face of mounting challenges facing the industry.

“From NNPC’s point of view, we are working tirelessly to achieve that. Today, with our partners, we are driving the aspiration to grow the national reserves to 40 billion barrels by 2025 and improve crude oil production to three million barrels/day during the period. To achieve these targets, we are not oblivious of the fact that huge investment is required across the entire value chain.”

In the downstream sub-sector, Kyari said: “Nigeria is still a net importer of petroleum products due to the current state of our refineries and the long absence of private investment in the refining sector. Thus, we require more investment to revamp and expand our domestic refineries and associated infrastructures to support the growth of the downstream sector and guaranty energy security to the nation.

“In this respect, NNPC under my purview, would leave no stone unturned to ensure our 445,000-barrel refineries in Port Harcourt, Warri and Kaduna work to an appreciable level or capacity.”

https://www.newtelegraphng.com/2019/08/nnpc-targets-gas-production-surge-to-3bn-scuf-daily/

Ok
Does it really make any differences to the common man.

Ok

So where is the money

Too much grammar

NNPC wayo

And no one is talking about the pump price anymore. Pathetic.

And they are going to embezzle 90% income from it.

When will NNPC make public the amount of money it has made from 2015 to 2019?

When will NNPC allow complete audit of its financial activities from 2015 to 2019?

When will NNPC make public the amount it spend daily on fuel importation?

When will NNPC be accountable?

No diversification...no plan B... its all about the oil in the niger delta...

Kyari?

As if NNPC can produce a single cylinder of natural gas!

All NNPC can do is to ask Shell, Chevron, Mobil for their share:

NNPC: "abeg how many million barrels of oil did you say you got last week? Use the sharing formula and send ours to the CBN!"

Useless!

Ok. We don hear. I'll say more when I wake up properly. For now, back to bed.

Nice one

Resources from the niger delta but not the people are only useful for national development. Good for nothing abokis.

One of the few natural resources we have here being depleted due to the lack of knowledge to reserve it.Billions of dollars of gas flaring wasted Everytime.

Check sig

Production is surging but still no meaningful impact on Nigeria only few gather to share the bounties.

c

chidima2019:
The Nigerian National Petroleum Corporation (NNPC) has heightened the hunt for investments as it declared plans to surge the country’s gas output for the global gas market to three billion standard cubic feet (scuf) daily.



Group Managing Director of the Corporation, Mele Kyari, who declared this at the annual conference organised by the National Association of Energy Correspondents (NAEC) in Lagos, yesterday, maintained that gas is the needed catalyst for national development.


“All hands must be on deck to ensure that, using the realistic government policies, gas is fully utilized domestically to power industries and fast track the nation’s march towards industrialization,” he said.



Part of what should be done, according to Kyari who was represented at the event by the Chief Financial Officer, Umar Ajiya, is “to open up the midstream, complete all critical gas development projects targeted at delivering about 3Bscfd to gas market, ensure the closeout of investment decision on NLNG Train 7 and improve domestic utilization to boost power generation and industrial growth.”



Speaking on the conference theme: ‘Harnessing Oil and Gas Potentials for National Development,’ the NNPC’s boss said: “Our concerns should be, among others, on what we need to do to harness Nigeria’s oil and gas potentials towards national development, more so, in the face of mounting challenges facing the industry.

“From NNPC’s point of view, we are working tirelessly to achieve that. Today, with our partners, we are driving the aspiration to grow the national reserves to 40 billion barrels by 2025 and improve crude oil production to three million barrels/day during the period. To achieve these targets, we are not oblivious of the fact that huge investment is required across the entire value chain.”

In the downstream sub-sector, Kyari said: “Nigeria is still a net importer of petroleum products due to the current state of our refineries and the long absence of private investment in the refining sector. Thus, we require more investment to revamp and expand our domestic refineries and associated infrastructures to support the growth of the downstream sector and guaranty energy security to the nation.

“In this respect, NNPC under my purview, would leave no stone unturned to ensure our 445,000-barrel refineries in Port Harcourt, Warri and Kaduna work to an appreciable level or capacity.”

https://www.newtelegraphng.com/2019/08/nnpc-targets-gas-production-surge-to-3bn-scuf-daily/

Northerners should go and face Agriculture.

Leave gas for Niger delta people.

chidima2019:
The Nigerian National Petroleum Corporation (NNPC) has heightened the hunt for investments as it declared plans to surge the country’s gas output for the global gas market to three billion standard cubic feet (scuf) daily.



Group Managing Director of the Corporation, Mele Kyari, who declared this at the annual conference organised by the National Association of Energy Correspondents (NAEC) in Lagos, yesterday, maintained that gas is the needed catalyst for national development.


“All hands must be on deck to ensure that, using the realistic government policies, gas is fully utilized domestically to power industries and fast track the nation’s march towards industrialization,” he said.



Part of what should be done, according to Kyari who was represented at the event by the Chief Financial Officer, Umar Ajiya, is “to open up the midstream, complete all critical gas development projects targeted at delivering about 3Bscfd to gas market, ensure the closeout of investment decision on NLNG Train 7 and improve domestic utilization to boost power generation and industrial growth.”



Speaking on the conference theme: ‘Harnessing Oil and Gas Potentials for National Development,’ the NNPC’s boss said: “Our concerns should be, among others, on what we need to do to harness Nigeria’s oil and gas potentials towards national development, more so, in the face of mounting challenges facing the industry.

“From NNPC’s point of view, we are working tirelessly to achieve that. Today, with our partners, we are driving the aspiration to grow the national reserves to 40 billion barrels by 2025 and improve crude oil production to three million barrels/day during the period. To achieve these targets, we are not oblivious of the fact that huge investment is required across the entire value chain.”

In the downstream sub-sector, Kyari said: “Nigeria is still a net importer of petroleum products due to the current state of our refineries and the long absence of private investment in the refining sector. Thus, we require more investment to revamp and expand our domestic refineries and associated infrastructures to support the growth of the downstream sector and guaranty energy security to the nation.

“In this respect, NNPC under my purview, would leave no stone unturned to ensure our 445,000-barrel refineries in Port Harcourt, Warri and Kaduna work to an appreciable level or capacity.”

https://www.newtelegraphng.com/2019/08/nnpc-targets-gas-production-surge-to-3bn-scuf-daily/

Always depending on crude oil while we have other resources dat can generate electricity energy e.g Cole. God bless Nigeria

Nigeria is quite rich, just that some greedy few are hellbent on making the masses poor


..

Targets. Targets. When will it be actualized

Ok

Will that solve any problem? NO
Do the commom man care? NO
Nonsense

This will be a very good news as soon as we start seeing the result

God bless Nigeria.

LordPsalm:
Will that solve any problem? NO
Do the commom man care? NO
Nonsense

Oya Sorry.
Stop wailing......

Invest in Real Estate now