Gas Target: NNPC To Partner DPR, Other Stakeholders
TAYO ELEGBEDE
The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to partner the Department of Petroleum Resources and other stakeholders in the oil and gas sector to realise the Federal Government’s gas domestication target.
The Group Managing Director of NNPC, Mele Kyari, made this known during launch of the Nigerian Gas Transportation Network Code (NGTNC) in Abuja.
Kyari said the new code has provided the right framework for the transportation of gas from the source to the end user in order to get value.
He said, “The inauguration of the Network Code is an opportunity to enhance gas delivery and utilisation in furtherance of the Federal Government’s objective of transforming gas into a key component of the nation’s energy mix and revenue sources.
“We are happy to have this framework on ground and we are ready to collaborate with all our partners, the gas off-takers, gas producers, transportation companies, shippers, and all those involved in the gas value chain.”
The Director of DPR, Saraki Auwalu, noted that the Department has emplaced the network code platform and will continue to work with all Industry players for the success of the code.
The NGTNC, which is a set of rules and principles guiding the use and operations of the gas transportation network system, is designed to enhance the use of gas as a catalyst for national economic development.
On the NGTNC, the Minister of State for Petroleum Resources, Timipre Sylva, said it will help to grow gas infrastructure, expand gas utilisation, curb gas flaring, and provide codes to standardise the gas value chain in line with global best practices.
He noted that the gas codes will go a long way in deepening economic development, improve gas supply, boost Liquefied Petroleum Gas supply, and attract more investment opportunities in the nation’s gas value chain.
The Minister said the NGTNC was part of the key reforms instituted by the President Muhammadu Buhari’s Administration to expand domestic gas-to-power, gas-to-Industry, gas-to-manufacturing and mitigate the challenge associated with gas flaring in the country.
The Nigerian Gas Company will serve as the transporter while Gas Hub and Dangote Fertilizer Limited will serve as the shippers, with the Gas Aggregation Company of Nigeria Limited (GACN) in the role of agent as provided by the framework.
The dignitaries also unveiled the Network Code Electronic Licensing and Administrative System (NCELAS) portal and the supervision of the signing of framework agreements between NGC, Gas Hub, and Dangote Fertilizer Limited by the Minister of State for Petroleum Resources.
The Petroleum Minister commended NNPC and its gas subsidiary, the Nigerian Gas Company (NGC), for partnering with the Department of Petroleum Resources (DPR) to meet the six-month target to bring the Network Code to life.
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