Mele Kyari GCEO e1696920262809

Gas sector strategically positioned to drive firms’ revenue in 2024 – Kyari   

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that the country’s gas sector is now strategically positioned to assist businesses in generating increased revenue. 

The Group Chief Executive Officer of NNPCL, Mele Kyari said this when he spoke with newsmen on Wednesday in Owerri during the inauguration of a gas plant in the state.  

Nairametrics previously reported that President Bola Tinubu inaugurated the ANOH-OB3 CTMS gas pipeline and ANOH gas processing plant in Assa, Ohaji/Egbema in Imo. 

Tinubu also inaugurated the expansion of the AHL gas processing plant 2 gas project in Kwale in Delta. 

The initiatives are being carried out by NNPC Ltd and its partners, aligning with Tinubu’s pledge to extensively utilize gas to enhance the economy. 

Kyari noted that the administration led by Tinubu is committed to creating a favorable environment for businesses to prosper in the country. 

Speaking further, Kyari noted that the rapid completion of the gas projects demonstrates that Nigeria can convert its gas resources into tangible value. 

According to Kyari, the inauguration of these infrastructures signifies an ongoing gas revolution. 

On their part, the Managing Director of AHL, Mohit Barot, lauded the president for his efforts in revitalizing the gas sector and enhancing the business climate in the country. 

“We from the private sector look forward to contributing more significantly to the nation’s economy by providing more jobs, advancing technology in our sector, and ensuring exemplary citizenship. 

Earlier on Wednesday, Nairametrics had reported that President Tinubu inaugurated three gas plants in Delta and Imo states.  

The gas plants included the expanded AHL Gas Processing Plant, the ANOH Gas Processing Plant, and the 23.3km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline.  

During the launch, Tinubu said the gas plants will increase the nation’s gas supply by 25% when they are fully operational. 

The president also affirmed that his administration is intensifying its coordination of other significant projects and initiatives that will guarantee the earliest achievement of gas-fueled prosperity in the country.