Fidelity bank card banner Camano banner
Nigeria soon end gas flaring —Kachikwu •Says gas soon to overtake oil in the global energy mix

By Mayowa Okekale, Abuja on 14/10/2016

Views: 1,250

Nigeria’s Minister of State for Petroleum, Dr. Ibe Kachikwu, has spoken of the disposition of the current administration of harnessing Gas for power generation, saying that gas flaring in the country would soon be a thing of the past.

Speaking on Thursday at the 4th Annual Powering Africa event organised by Energy Net and held at Transcorp Hilton, Abuja, Dr. Kachikwu said that “Nigeria should be a gas-based economy and not an oil one.”
The minister, who was represented by Engineer Timothy Okon, lamented that the Nigerian petroleum industry and economy in general has been developed as an oil play with gas production relegated to play a minor role, but assured that the current government of President Muhammadu Buhari is making efforts to change the trend and make Nigeria to become a gas-based industrial nation.
Kachikwu stated that efforts are ongoing to extend gas penetration in the domestic market, in order to facilitate the growth of electric power and the industrial sector.
“Nigeria would also soon end gas flaring and address environmental issues so as to provide an enabling environment for increased private sector participation in the gas sector,” he said.
He noted that Nigeria is working on creative and innovative gas policy and regulatory frameworks that fit the current circumstances, adding that “it’s a framework that would work for the country and be implemented to meet the aspirations of the Nigerian people and prospective investors.”
The minister projected that gas will likely overtake oil in the global energy mix and the demand will astronomically grow in all region of the world.
•Photo shows Dr. Kachikwu.

Source News Express

Posted 14/10/2016 5:30:55 PM





You may also like...
Jibrin releases more damning evidence of Speaker Dogara’s...

Maina’s family exposes FG

FG debunks rumoured suspension of Trader Moni scheme...

Labour vows to shut Discos over new electricity...

ABC Orjiako sets record, acquires 15-storey building in...

Buhari’s economic policy outdated —Adeniyi •Chides Labour and...

Governors lied on workers’ salaries, says Okonjo-Iweala

Uyo floods shock Gov. Akpabio; to investigate cause...

Court jails driver for raping 80 years old...

Mama, Annie Idibia light up ‘Buckwyld & Breathless’...

Oil Block Renewal Dispute: We are in talks...

Dickson orders payment of March salaries to Bayelsa...


Latest News Cultists on rampage in Lagos Drama as Atiku’s witness weeps at election tribunal African spymasters storm Abuja, establish database to track terrorist fighters across continent Ruga: Abia Govt. scrutinises land sales above 5 hectares UNIJOS unveils world’s first anti-snake vaccine 7 suspected cultists face robbery, assault charge Don’t obey Northern Elders’ order to quit South, Buhari tells Fulani herdsmen Police restrict protests to only one location in Abuja Why we are giving appointments in batches — Okowa •Swears-in 8 Special Advisers Ekiti expends N3.9bn on pensions Fish out Funke Olakunrin’s killers without delay — Classmates Kidnapping, robbery: Police arrests 53 suspects in Abia


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (508,664 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (431,140 views) Shameless Genevieve Nnaji exposes breasts in public (372,964 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (316,460 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (282,036 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (246,973 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (238,839 views) 10 cars more expensive than Jets (222,580 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (220,891 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (208,440 views) Lagos plane crash: Journalist releases victims’ names (188,129 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (186,766 views)


NLNG Job Vacancy

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (96) Business & Economy (4,354) Business Verdict (76) Columnists (1,070) Complaints & Requests (95) Enterprise & Opportunities (211) Entertainment (635) Features (778) Global Business Monitor (395) ICT Monitor (53) International (3,719) Interview (192) Live Commentary (30) Love Matters (163) Maggie's Blog (338) News (48,745) Opinion (1,290) Pidgin (17) Politics (11,164) Religion (1,050) Sports (2,098) Stock Watch (39) AMA & Al Jazeera Global Update






APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera