On Sunday, Nigeria’s federal government announced that it was working towards delivering an estimated 3.4 billion standard cubic feet of gas per day to bridge the gas supply gap by 2020.
According to reports by THISDAY, government has pledged to invest in seven gas projects.
“The federal government has doubled efforts in ensuring effective policies that will drive gas utilization and commercialization. We have decided to invest in the seven critical gas development projects in Nigeria,” Minister of State for Petroleum Resources, Dr Emmanuel Kachikwu said.
He pointed out that a substantial quantity of gas was still being wasted through routine flaring, noting that Nigeria’s federal government was taking a firm stance to eradicate gas flaring, as well as the utilization and monetization of abundant gas resources of the country.
Two of the 38 approved modular refineries would be commissioned by December 2018 to boost fuel supply in the country.