December 16, 2017

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‘NIGERIA NEEDS $30 BILLION FOR GAS PRODUCTION BY 2015’

‘NIGERIA NEEDS $30 BILLION FOR GAS PRODUCTION BY 2015’
Alison-Madueke
Minister for Petroleum Resources, Diezani Alison-Madueke

THE Chairman, Senate Committee on Gas Resources, Senator Nkechi Nwaogu, says 30 billion dollars is required for the development of infrastructure to achieve daily gas production target by 2015.

 

 

Nwaogu said this in Abuja, at the opening of a National Conference on Gas Resources organised by the Senate Committee on Gas Resources.

 

The three-day conference has the theme: “Deepening Domestic Utilization of Natural Gas and Routine Flare Elimination.”

She noted that the low utilisation of natural gas in Nigeria was due to the insufficient production and distribution infrastructure, which resulted into flaring of about 1.4 billion cubic feet of gas daily.

 

 

Read more here.

Radi8
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