We’ll use Nigeria’s vast gas resources as transition fuel – NNPC

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The Nigerian National Petroleum Company Limited has said it would use the vast gas resources across the country as a transition fuel going by the recent global push for energy transition away from hydrocarbons.

Kyari added, “We are committing our resources for the next decade, which is tagged the decade of gas, to explore and produce more gas relative to oil, to power Nigeria and the international community as we transit away from hydrocarbons.

“The next decade ahead will be an interesting one, therefore I call on stakeholders to support the industry and NNPC Limited so that our resources can work for all Nigerians and, by extension, the world.” Speaking at the dialogue, the Executive Secretary, NIETI, Orji Ogbonnaya Orji, said the event was designed to provide companies, governments and civil society and development partners in the extractive industry a platform to discuss three contemporary issues.

He said the issues include contract transparency, extractive resources benefits sharing and energy transition in West Africa, with a focus on Nigeria, Ghana and Senegal. “The overall goal is to enable governments, companies, civil society and communities to evaluate the energy industry and proffer evidence-based policy recommendations for the efficient and effective management of natural resource benefits and the transition from fossil fuel to a renewable energy regime with these countries as case studies,” Orji stated.All rights reserved.

 

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