Home Business Nigeria: Shell Pledges Support for Govt’s 5,000 BCF Gas Expansion Plan

Nigeria: Shell Pledges Support for Govt’s 5,000 BCF Gas Expansion Plan

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The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the federal government goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.

SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNPC) ‘Seven Critical Gas Development Projects’.

Speaking at the Nigerian Gas Association’s 12th International Conference and Awards, held virtually with the theme, “Powering Forward: Enabling Nigeria’s Industrialization via Gas”, Okunbor stated that Shell has invested heavily in the Assa North Gas Project.

A statement signed by the Media Relations Manager, SPDC, Bamidele Odugbesan, listed other projects as the Four Unitised Gas Fields; Brass Fertiliser Company; and the Cluster Development of Okpokunou/Tuomo West (OML 35/62).

He commended the government’s recent progress in gas development and restated support for NNPC’s aspiration to grow domestic gas usage in Nigeria to 5 billion cubic feet of gas per day from its current 1.7 billion cubic feet of gas per day by 2022.

“Nigeria has launched out on a few audacious and, frankly, great projects to essentially drive our ambition as a country in this regard. Let’s find a way to make sure that we stay the course and begin to put our efforts in a consistent manner towards downstream where our country can get ultimate benefit for gas,” he advised.