Nigerian gas reserves can last for more than 2000 years – NNPC

The Nigerian Gas Processing and Transportation Company, NGPTC, (a subsidiary of NNPC), has disclosed that Nigeria has enough gas that will power us for over 2000 years.

The statement was revealed by NGPTC’s Community Relations Officer of Mr. Antaih Violin.

Mr. Violin made the statement on the sidelines of the ongoing 10th Nigerian Gas Association International Conference.

Read Also: Former NNPC GMDs wants fuel price increased.

He described Nigeria as a gas nation, saying that the country had gas in abundance.

He said the country had continued to sell gas to Ghana and other neighboring countries, adding that the transaction had been sustained because Nigeria had enough gas.

“In a lay man’s term, Nigeria has enough gas for use domestically and to sell.

“There is abundant gas and shortage is not a problem.

“Nigeria is a gas nation, it has gas in abundance.

“If we can conveniently give gas to Ghana and other neighboring countries, imagine what we have in our reserves.

“Shortage is not a problem for the NGPTC.

We have more than 1.85 trillion cubic feet and that is enough to last 20 generations.

“So, there is no question of gas running out. It’s a question of what will we do with it?

“With this conference I am optimistic that we will have a policy that will restructure the gas sector,” Mr. Violin said.

Read Also: A bigger problem: Nigeria’s oil reserves running out – NNPC

Mr. Violin further explained that after NNPC separated the gas sector into NGPTC and the Nigeria Gas Marketing Company Limited, more revenue would flow into the nation’s coffers.

He said that the three-day conference, which would end on Wednesday, was necessary, not just as another talk shop, but would showcase Nigeria’s gas viability.

Violin said that the draft of a new gas policy would emerge from the conference.