NGA Promises To Unlock Nigeria's Gas Sector Potentials - Oriental News Nigeria

2024-06-11 06:56:27

Oriental News Nigeria

The Nigerian Gas Association (NGA) has promised to take up key steps that will support Government initiatives aimed at unlocking the untapped potential in the nation's abundant natural gas resources through continuous advocacy and robust initiatives.

The NGA noted that with over 209 trillion cubic feet (tcf) of proven gas natural reserve and over 600tcf unproven reserve, Nigeria is hugely blessed with resources of immense value, which should be harnessed to improve the nation's socio-economic status.

President of NGA, Mr. Akachukwu Nwokedi, stated this in Lagos at the unveiling of the Association's 25th anniversary logo, pointing out that the body had been at the forefront of driving progressive advocacy and shaping the landscape of Nigeria's gas sector.

Nwokedi said the association was founded in 1999 by industry giants including the then Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company Limited (SPDC), Nigeria Liquefied Natural Gas Limited (NLNG), Chevron Nigeria Limited, Nigerian Gas Company (NGC), among others, the NGA said it has evolved into a diverse and formidable not-for profit organisation.

He revealed that with over 200 corporate and 3,000 individual members, the association remained steadfast in its vision to improve the nation's economy, by unlocking the latent potential in Nigeria's abundant natural gas reserves.

He noted that over the past two decades, the group had left an indelible mark on the gas industry both in Nigeria and at the international scene.

"NGA's influence can be seen in its focused advocacy on, and input into industry-changing gas policies together with its capacity building initiatives driven through its several learning programmes.

"These achievements have reinforced natural gas as a unique resource for Nigeria and demonstrated the NGA's commitment to creating transformative change across various sectors of the Nigerian economy", Nwokedi stated.

The president explained that the silver jubilee logo symbolised the core of NGA's advocacy for the adoption of gas as the principal energy resource to drive Nigeria's economy.

2024-06-11 News