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LequteMan
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Following an $18gn investment in Nigeria's gas sector over the past six years by the federal government and oil and gas firms, gas flaring has reduced significantly and stakeholders believe improvement in power supply is expected to follow shortly.
According to BusinessDay, the volume of gas flared has dropped drastically in the last six years from 2.5 billion standard cubic feet per day (SCF/D) to about 800 million scf/d.
Another impact of the investment is that gas is now been used to generate electricity, as well as to drive the manufacturing sector directly.
An assurance of further improvement has come from the Nigeria National Petroleum Corporation (NNPC) which says that within the next four months, all the national integrated power plants located on the eastern Niger Delta would get full compliments of gas supply required for power generation because the necessary gas pipelines have been laid to their locations.
click here to read more
#Nigeria #NNPC #BusinessDay
According to BusinessDay, the volume of gas flared has dropped drastically in the last six years from 2.5 billion standard cubic feet per day (SCF/D) to about 800 million scf/d.
Another impact of the investment is that gas is now been used to generate electricity, as well as to drive the manufacturing sector directly.
An assurance of further improvement has come from the Nigeria National Petroleum Corporation (NNPC) which says that within the next four months, all the national integrated power plants located on the eastern Niger Delta would get full compliments of gas supply required for power generation because the necessary gas pipelines have been laid to their locations.
click here to read more
#Nigeria #NNPC #BusinessDay
