The Nigerian Content Development and Monitoring Board (NCDMB) has partnered 15 firms and investors to develop critical gas projects in the oil and gas sector of the economy.
The NCDMB said 70 per cent of its investments are on gas-based projects, especially midstream and downstream gas and covered modular refining, gas processing, gas distribution, power generation, manufacturing and others.
Dr Ginah Ginah, General Manager, Corporate Communications and Zonal Coordination, NCDMB, made this known on Wednesday in Abuja at a Nigerian content capacity building workshop for media stakeholders.
The workshop has its theme as: “Enhancing Media Competencies to Support Nigerian Content in a Gas Economy.”
Ginah listed the gas-based activities to include its partnership with Rungas, to produce 1.2 million Liquefied Petroleum Gas (LPG) composite cylinders per annum in Bayelsa and Lagos states.
He said it was also collaborating with the NEDO Gas Processing Company in Kwale, Delta State, for the establishment of 80 million standard cubic feet per day (scfpd) gas processing plant and a 300 million scfpd gas gathering hub.
“The board is also working with Duport Midstream to establish an Energy Park at Egbokor, Edo State, which include a 40 million scfpd gas processing plant, 2,500 barrels per day modular refinery and 20 megawatts power plants.
“The board partnered with NNPC Ltd. to invest in brass fertiliser and establish 10,000 tonnes per day methanol production plant at Odioama, Brass, Bayelsa State just as we are investing with Triansel Gas Ltd in Koko, Delta State, to establish a 5,000 MT per day LPG storage and loading terminal facility,’’ he said
Ginah said it had supported Butane Energy Ltd to establish LPG Bottling Plants and Depots in Abuja and 10 northern states, including investment with the MOB Integrated Services on 500 MT Inland LPG terminal construction in Dikko, Niger State.
The project, he said, would include the construction of a cylinder refurbishment plant, procurement of 80,000 bottles of LPG cylinders and acquisition of distribution assets.
Another partnership, according to him, is with Southfield Petroleum to establish 200 million mscf gas processing plant at Utorogu, Delta State, to produce 123,000 MT per annum of LPG, about 10 per cent of current LPG demand nationwide.
He added that the board was collaborating with Amal Technologies to set up a plant in Abuja to produce smart gas/smoke detector alarm devices.
Ginah said its partnerships and investment were backed by section 70 (h) of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
This, he said, provided that NCDMB could: “assist local contractors and Nigerian companies to develop their capacities for attainment of developing Nigerian content in the industry.”
“As you are aware, President Muhammadu Buhari declared 2021-2030 as Nigeria’s Decade of Gas and to fully exploit the nation’s abundant gas resources to accelerate the development of the economy.
“This declaration aligns fully with the rising global demand for cleaner energy sources and the demand for the reduction of global carbon emissions through the reduction in the utilisation of fossil fuels.
“The Federal Government’s strategy is to use gas as Nigeria’s transition fuel. The Ministry of Petroleum Resources has backed this position with bold policies such as the National Gas Expansion Programme, Gas Network Code and Flares Commercialisation programme.
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“As a responsive agency, the NCDMB has also taken deliberate steps to actualise the Federal Government’s declarations in gas and other aspects of the oil and gas value chain.
“Above all, the investments by the NCDMB are helping to create employment opportunities for Nigerian youths, catalyse the local economy and achieve the Nigerian Content 10-year Strategic Roadmap,’’ he said.
In a presentation, Mr Chido Nwakanma, an Adjunct Faculty, Pan Atlantic University, called for a sustained and representative reporting in the oil and gas industry.
Nwakanma, while urging media practitioners to strive to enlighten Nigerians on happenings in the oil and gas sector and global community said the sector had primacy in Nigeria because of its economic significance.
He said the reportage should enable closer ties between host communities and the industry, including assessment of companies in the sector, providing required reports and actions as specified in the NOGICD Act, Act No 2 of 2010.
“The media asking for outlines and details of compliance to the Act would boost representation and participation in the sector by Nigerians,’’ he said.
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