The Group Executive Director, Gas and Power, Nigerian National Petroleum Corporation (NNPC), Dr David Ige says Nigeria has grown its gas supply market from 300 million to two billion cubic feet per day (cfpd), Vanguard reports.
Ige attributed this feat to the successful implementation of the Nigeria Gas Master Plan. He said the gas master plan was a policy document that basically outlined government aspiration for Nigeria.
He said its implementation had already positioned Nigeria to be the largest producer of fertiliser by 2018 on the continent. He also said the policy had impacted positively on the sector, adding that everything that was outlined in it was being implemented to the letter.
It would be recalled NNPC said recently that Nigeria has over 180 trillion cubic feet (tcf) of discovered reserves and up to 600 tcf of undiscovered gas reserves, noting that significant investment is planned to support expansion of the sector in the coming years. While increasing domestic power generation is a priority for the government, export capacity will also rapidly grow, particularly as new LNG projects are completed.