By John Ikani
The Nigerian Content Development and Monitoring Board (NCDMB) is working alongside the Nigerian National Petroleum Company Limited (NNPCL) and eight other private firms to complete nine gas processing projects.
The projects aim to increase the domestic use of Liquefied Petroleum Gas and Compressed Natural Gas (CNG) in response to the government’s focus on gas as a transitional fuel.
Despite having 209 trillion standard cubic feet of gas, Nigeria’s economic benefits from the resource have remained low due to a lack of local capacity, leading to the price of LPG skyrocketing.
According to Ginah Ginah, the General Manager of Corporate Communications at NCDMB, some of the gas-based projects include a partnership with Rungas, which will produce 1.2 million LPG Composite cylinders annually from Bayelsa and Lagos States.
Ginah who spoke at a 4 Day Leadership Retreat for the Executives of the Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND) at Uyo, Akwa Ibom State, noted that the NCDMB is also collaborating with NEDO Gas Processing Company in Kwale, Delta State to establish an 80 million standard cubic feet per day gas processing plant and a 300 million standard cubic feet per day Gas Gathering hub.
He said the Board is also partnering with Duport Midstream to establish an Energy Park at Egbokor, Edo State. This park will include a 40 million standard cubic feet per day gas processing plant, a 2,500 barrels per day modular refinery, and 20 megawatts power plants.
NCDMB has also partnered with the NNPC to invest in Brass Fertiliser and establish a 10,000 tonnes per day Methanol Production plant at Odioama, Brass, Bayelsa State.
Ginah also disclosed that the Board is investing with Triansel Gas LimitNCDMB, NNPC, and others to deliver nine gas processing projects in Koko, Delta State, to establish a 5,000 metric tonnes per day LPG Storage and Loading Terminal Facility.
In the northern corridor, the NCDMB is collaborating with Butane Energy Limited to establish LPG Bottling Plants and Depots in Abuja and 10 Northern states.
Furthermore, an investment with MOB Integrated Services will ensure the construction of a 500 Million Tons Inland LPG terminal in Dikko, Niger State.
The project will include the construction of a cylinder refurbishment plant, procurement of 80,000 bottles of LPG Cylinders, and acquisition of distribution assets.
Ginah added that the board is also partnering with Southfield Petroleum to establish a 200 million metric standard cubic feet gas processing plant at Utorogu, Delta State.
The project will produce 123,000 Million Tons Per Annum of LPG, which is about 10 percent of current LPG demand nationwide.
The NCDMB is collaborating with Amal Technologies to set up a plant in Abuja to produce Smart Gas/Smoke Detector Alarm devices. These partnerships are expected to boost the utilization of Nigeria’s gas resources and bring about economic benefits to the country.
