The Federal Government has commissioned 1,000 kilometres of major gas pipelines, with an additional 1,400km planned for construction before the end of the year.
Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), confirmed this in Lagos at the Society of Petroleum Engineers Conference.
He said the pipeline project shows the government’s determination to push enough gas to the power sector to ensure effective generation of electricity.
According to Maikanti, trememdous progress has also been made in the reduction of flared gas volumes as, “we envisage a near zero flare in the not too distant future, as adequate infrastructure and frameworks are being put in place”.
“In the event that the Joint Ventures (JVs) or Nigerian National Petroleum Development Company (NPDC) as the case may be fail to raise the required funds, opportunities may be extended to third party investors to help finance the projects and the commitment received from various stakeholders who attended the event were quite impressive.”
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