TAYO ELEGBEDE
The Nigerian Petroleum Development Company (NPDC) has set a target of five years to increase its domestic gas supply by 600million standard cubic feet per day (mmscf/d).
NPDC Managing Director, Mansur Sambo, made this known in Benin City, Edo State, during the facility tour of the company’s Oredo Gas Handling Plant by the Group Managing Director of Nigerian National Petroleum Corporation, Mele Kyari.
Sambo stated that the 600mmscf expansion was already part of the NPDC’s medium term projection, which would be added to the existing production capacity of one billion standard cubic feet per day (bscf/d).
He gave the breakdown of the projection as: m OML 34 to deliver 360mmscf/d, while OMLs 42 and 111 are to deliver 120mmscf/d each.
“NPDC has revived production in OML 111 by 2,100 barrels per day (bpd) of crude oil and 27 mmscfd of gas, thereby increasing cumulative production from the acreage to 10,699 bpd.
“The successful drilling of Well 16 in OML 111, is essentially for gas with associated crude oil, and that the plan is for the gas plant to be fed from the well,” Sambo said.
He disclosed that the Liquefied Petroleum Gas (LPG) unit will be ready for commissioning in October, 2020.
The NNPC group managing director commended the management and staff of NPDC for fast-tracking the completion of the LPG gas plant.
Kyari stressed the importance of gas development to the nation’s quest for industrialisation, noting that the gas facility in particular will deliver at least 240 metric tons of LPG to domestic market within a year.
He described the development as a significant step towards growing the nation’s crude oil reserves and increasing production, stressing that more of such was needed to meet the target of three million barrels per day production and sustain the nation’s economic growth.
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