President Muhammadu Buhari says Nigeria has moved a step closer to the nation’s dream of fully utilizing its abundant gas potential.
The President said this while inaugurating the Integrated Gas Handling Facility and Liquefied Petroleum Gas Processing and Dispensing Plant.
The plant was built in Oredo, Edo State and operated by Nigerian Petroleum Development Company, an Upstream Subsidiary of Nigeria National Petroleum Corporation NNPC.
According to him, the Oredo Integrated Gas Handling Facility and its associated Natural Gas Liquid depot will deliver 240,000 metric tons of commercial-grade Liquefied Petroleum Gas and Propane.
He said that the facility will also deliver about 205 million standard cubic feet per day of lean gas to the domestic market.
The President said that the project was a follow-up to the commitment of the administration to make 2020 Nigeria’s Year of Gas.
Earlier, the Minister of State for Petroleum Resources, Timipre Sylva noted that the project highlighted the commitment of NNPC to eliminate gas flares while increasing Nigeria’s value realisation from gas.
According to him, the entire Liquefied Petroleum Gas and propane production is targeted at the Nigerian market.
The Group Managing Director of NNPC, Mele Kyari, said the president’s gave a clear directive to the Ministry of Petroleum Resources and the NNPC.
Kyari said that the facility was designed, constructed and delivered with the highest application of Nigerian content.