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Monday 26 January 2015

Nigeria's Gas Supply Market Records Over 500% Growth

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According to the Group Executive Director, Gas and Power of the Nigerian National Petroleum Corporation, Dr. David Ige, Nigeria has grown its gas supply market from 300 million to two billion cubic feet per day (cfpd) - an increase of 566%.

Ige attributed the feat to 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 said the policy had impacted positively on the sector, adding that everything that was outlined in it was being implemented to the letter.

``Basically today, we have an outlay of many fertiliser plants already positioning Nigeria to be the largest producer of fertiliser by 2018 in this continent.

``Those are the aspirations of the gas master plan; the master plan talks about regional export which had started in West Africa.



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