• Saturday, June 22, 2024
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FG inaugurates Kwale gas, Nedogas to boost Nigeria’s energy needs

FG inaugurates Kwale gas, Nedogas to boost Nigeria’s energy needs

Ekperikpe Ekpo, minister of state for petroleum resources (Gas) has inaugurated 300MMscfd capacity Kwale Gas Gathering (KGG) Facility and Nedogas Processing Plant in Ndokwa West Local Government Area of Delta State to boost energy needs of the Country.

BusinesDay reports that the inauguration took place as Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, in collaboration with the NNPC Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, successfully completed the technical 300MMscfd Capacity KGG and injection facility.

“Natural gas is expected to be processed efficiently at the Nedogas plant to increase both domestic supply and export potential; an establishment that promises to boost the nation’s economy by generating jobs, fostering industrial expansion and ensuring energy security.

“Through the process of capturing associated gas that would otherwise be vented, KGG facility not only reduces its negative impact on the environment but turns a potentially waste product into a useful resources”, said Ekpo.

The minister, who spoke while inaugurating the projects, said, “Today, we are opening doors to economic growth, environmental protection and technical innovation as we commission the Nedogas Plant and KGG Facility”

“Decade of Gas” plan of the federal government which aims to make Nigeria a gas-powered economy by 2030, is in line with the projects.”

According to him, the FG’s gas master plan which sees Nigeria as an industrialized Country with gas playing a key role, will be supported by the plans which also aim to improve domestic gas supply and infrastructure.

He said that the programme was part of the larger plan to lower greenhouse gas emissions and encourage sustainable practices in the oil and gas sector is the program.

“Those facilities will draw investment, provide employment and boost economic activity in Delta and beyond by offering a dependable and sustainable energy supply.

“They are an important step in attending economic diversification and energy security. These facilities will also have an impact on a number of other industries. A greater supply of gas will boost the electricity industry, improve industrial productivity and offer more environmentally friendly home energy options.

“Thus, our people’s quality of life will increase, sustainable development will be promoted and Nigeria will be positioned as a major player in the world energy market”, he added.

Felix Ogbeh, executive secretary, Nigerian Content Development Monitoring Board (NCDMB), said the project was a triumph of shared vision which confirmed that Government, local partners and communities can collaborate effectively to bring value to the economy.

Governor Sheriff Oborevwori of Delta State, said he could feel the pains of every Nigerian when it comes to the issue of energy availability and affordability.

Governor Oborevwori, who was represented by Monday Onyeme, his deputy, frowned, saying, “Even more worrisome is the World Bank report that due to poor power supply in the country, businesses spend about $29 billion yearly on power. It is also quite unfortunate that the country is ranked as the lowest in terms of access to electricity, globally.”

While commending board and executive management team of the NDCL who worked in conjunction with the NCDMB to ensure the projects, the upgraded Nedogas Gas Processing Plant and the KGG became a reality, the governor said, “No doubt, these projects will benefit Nigerians, particularly Deltans in legion ways, many of which, being self- evident, require no rehashing here.”

Emeka Ene, the chairman and chief executive officer, Nedogas Development Company Limited, had in his opening address, said that the KGG facility with its impressive capacity of 300 million standard cubic feet per day, was a testament to what could be achieved when innovation, determination and strategic partnerships converged.

He assured that all the stranded gas in the locality would be utilized for a brighter, clearer and a more prosperous Nigeria, noting that in the nearest future, they would increase the capacity to 600MMscd.