NNPC to support NGA deliver on Nigeria’s gas resource

The Nigerian National Petroleum Corporation (NNPC), will support the Nigerian Gas Association (NGA), achieve its objectives of ensuring that the country derives maximum benefit from its huge gas resource base.

Maikanti Baru, goroup managing director of the NNPC,  speaking on Thursday in Abuja while receiving the NGA delegation led by its President, Bolaji Osunsanya, at the NNPC noted that as the midwife of the nation’s premier gas association in 1999, the NNPC has a moral and strategic interest in ensuring the continuous existence and sustained growth of the association.

According to a statement from Garba Deen Mohammed, NNPC’s group general manager, group public affairs, the GMD described the NGA as a reflection of the development of the gas industry in Nigeria.

He maintained that the corporation would continue to provide the association with human and material resources.

While thanking the members of the NGA for their advocacy in ensuring a review of the Production Sharing Contracts (PSC), gas terms, Baru noted that the NNPC is working round the clock to ensure maximization of the nation’s vast gas resources by incentivizing all parts of the gas value chain.

On his part the NGA President thanked the NNPC and the GMD for the unflinching support for the association and pledged the readiness of members to work with the NNPC in this regard.

Osunsanya called on government to create incentives which would promote deliberate and well-funded projects in the search for gas as against the practice of accidental gas discoveries.