- NNPC Announces Commitment to Grow Domestic Gas Utilization to 5bcfd by 2022
The Nigerian National Petroleum Corporation (NNPC), has announced its commitment to grow domestic gas utilization in-country to 5billion cubic feet of gas per day from the current 1.7 billion cubic feet of gas per day by 2022.
The NNPC also expressed optimism that by 2027, the growth will extend to 7.4billion cubic feet of gas per day.
The Chief Operating Officer, Gas and Power, NNPC, Yusuf Usman, disclosed this in his presentation delivered at the Nigeria International Pipeline Technology and Security Conference in Abuja on Thursday.
In a statement released by NNPC Usman was quoted saying, “Based on all current known domestic gas supply projects, domestic gas supply is forecast to close the demand by 2021 as we have identified Seven Critical Gas Development Projects (7CGDP) currently being fast tracked to bridge the foreseen supply gap by 2021.”
He also said that the completion of the three main domestic gas transmission systems would add 6.8billion cubic feet of gas per day capacity while another 2.2billion cubic feet per day capacity is expected from the 36- inch Escravos to Lagos Pipelines (ELPS) 1 and 2 upon completion.
He further said that by first quarter of 2020, the ongoing East to West connection via the 48-inch Obiafu Obrikom to Oben pipeline (OB3) with 2.4 billion cubic feet per day capacity would be completed. He added that 2.2billion cubic feet per day capacity is expected from the 40-inch Ajaokuta to Abuja to Kaduna to Kano (AKK) gas pipeline which would be completed by the fourth quarter of 2022.
Usman said that aside, its 2.2billion cubic feet per day capacity, the AKK would increase the national grid by 3,600 megawatts of power, in addition to supporting the production of methanol, petrochemical fertilizers, amongst others.
He also said that to develop gas infrastructures, the Corporation had adopted the project financing scheme for AKK and other gas projects.