Tinubu to commission three gas projects to boost economic growth

In a determination to leverage state for economical growth, President Bola Tinubu is acceptable to committee 3 captious state infrastructure projects successful the country.

Tinubu’s spokesperson Ajuri Ngelale successful a connection said the state projects were undertaken by the Nigerian National Petroleum Company Limited (NNPCL) and immoderate partners.

President Tinubu had identified Nigeria arsenic much of a gas-resource federation than petroleum-rich, indicating his administration’s involvement successful exploiting the immense state reserve disposable to boost the economy.

Nigeria’s state reserves astatine astir 208.83 trillion cubic feet, relationship for 33% of Africa’s state reserves.

The projects, aimed astatine increasing worth from the nation’s state assets and eliminating state flaring, are slated to summation home state supply, beforehand industrialization, and make a amended concern climate.

According to the statement, the projects see the AHL Gas Processing Plant 2 (GPP-2), ANOH Gas Processing Plant (AGPC), and the ANOH-OB3 CTMS Gas Pipeline Project.

The AHL Gas Processing Plant 2 (GPP-2) volition process 200MMscf/d of affluent state and present thin state to the home market, supporting accelerated industrialization. The works volition besides nutrient 160,000 MTPA of Propane and 100,000 MTPA of Butane, reducing dependence connected LPG imports.

The ANOH Gas Processing Plant (AGPC) volition process non-associated state from the Assa North-Ohaji South tract successful Imo State, producing adust gas, condensate, and LPG.

This volition importantly summation home state supply, starring to accrued powerfulness procreation and accelerated industrialization.

The ANOH-OB3 CTMS Gas Pipeline Project volition evacuate adust state from the Assa North-Ohaji South superior attraction installation to OB3 Custody Transfer Metering Station for transportation into the OB3 pipeline system.

When commissioned, the projects volition summation state proviso to the home marketplace by astir 500mmscf/d, creating a amended concern clime and promoting balanced economical growth.

“We are excited astir the imaginable of these projects to alteration Nigeria’s vigor assemblage and thrust economical growth. We look guardant to the commissioning and the affirmative interaction it volition person connected our nation,” Ngelale explained.

“This task is an enlargement to the Kwale Gas Processing Plant (GPP – 1), which presently supplies astir 130MMscf/d of state to the home market. The processing works is designed to process 200MMscf/d of affluent state and present thin state done the OB3 Gas Pipeline. This further state proviso volition enactment further accelerated industrialization of Nigeria.

“The works volition besides nutrient astir 160,000 MTPA of Propane and 100,000 MTPA of Butane, which volition trim the dependency connected LPG Imports. The AHL Gas Plant is being developed by AHL Limited, an incorporated Joint Venture owned by NNPC Limited and SEEPCO.

“The ANOH state works is an integrated 300MMscf/d capableness state processing works designed to process non-associated state from the Assa North-Ohaji South tract successful Imo State. The works volition nutrient adust gas, condensate, and LPG.

“The state from ANOH state works volition importantly summation home state supply, starring to accrued powerfulness procreation and accelerated industrialization. The ANOH Gas Plant is being developed by ANOH Gas Processing Company, an incorporated Joint Venture owned by NNPC Limited and Seplat Energy Plc connected a 50-50 basis.

“The task involves the engineering, procurement, and operation of 36″x23.3km ANOH-OB3 Project. The Transmission Gas Pipeline volition evacuate adust state from the Assa North-Ohaji South (ANOH) superior attraction installation (PTF) to OB3 Custody Transfer Metering Station (CTMS) for transportation into the OB3 pipeline system. About 600MMscf/d is estimated to beryllium disposable from 2 abstracted 2 x 300MMscf/d capableness state processing accumulation trains from AGPC & SPDC JV.

“When commissioned, the projects volition summation state proviso to the home marketplace by astir 500mmscf/d, creating a amended concern clime and promoting balanced economical maturation cumulatively.”