The Chairman, Senate Committee on Gas Resources, Sen. Nkechi Nwaogu says the future of Nigeria’s energy is gas. Nwaogu said this in Abuja on Monday, at the opening of a National Conference on Gas Resources organized by the Senate Committee on Gas Resources.
The theme of the 3-day conference is: “Deepening Domestic Utilization of Natural Gas and Routine Flare Elimination”.
She remarked that Nigeria has proven gas reserve of 187 trillion cubic feet and a potential to reserve 600 trillion cubic feet, and that Nigeria ranked 6th largest producer of liquefied petroleum gas (LPG) in the world and the largest in the country. Paradoxically, according to her, Nigeria’s current per capita consumption of natural gas is about 1.06kg, making her the lowest ranked in Africa as only 5% her citizens have access to domestic gas.
She further revealed that Nigeria need over $30billion investment on infrastructure to achieve the target of producing 3-4 billion cubic feet of gas by 2015. And this she said the government alone.
The 3-day event has five objectives, among them is; creating appropriate forum for the various stakeholders to discuss ways and means of deepening domestic utilization of Nigeria Gas and eradicate routine flare elimination.
Sen. Bello Tukur, representing Adamawa Central told newsmen that the event was necessary to discuss ways and means of utilizing the fast gas resources in the country. He opined that when adequately utilized, gas will become the major income earner for the nation in the nearest future.
A leader of an NGO, Chief Mrs. Ann Frances Okereafor Nosike said that awareness creation for rural masses will make local consumption to grow fast, thereby encouraging investors to put their money in gas production. She advised government of pay more interest in enlightenment campaign to Nigerians on the benefits gas resources.