BREAKING NEWS, Oil & Gas
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MAIKANTI Baru, group managing director of the Nigerian National Petroleum Corporation, NNPC, on Thursday pledged the support of the corporation to help the Nigerian Gas Association, NGA, achieve its objectives of ensuring that the country derives maximum benefit from its huge gas resource base.
Receiving the NGA delegation led by Bolaji Osunanya, its President, at the NNPC Towers Abuja, Baru noted that as the midwife of the nation’s premier gas association in 1999, the NNPC has a moral and strategic interest in ensuring the continuous existence and sustained growth of the association.
Describing the NGA as a reflection of the development of the gas industry in Nigeria the GMD said the corporation would continue to provide the association with human and material resources.
While thanking the members of the NGA for their advocacy in ensuring a review of the Production Sharing Contracts, PSC, gas terms, Baru noted that the NNPC is working round the clock to ensure maximization of the nation’s vast gas resources by incentivizing all parts of the gas value chain.
On his part, the NGA President thanked the NNPC and Baru for the unflinching support for the association and pledged the readiness of members to work with the NNPC in this regard.
Osunsanya called on government to create incentives which would promote deliberate and well-funded projects in the search for gas as against the practice of accidental gas discoveries, according to a statement issued by Garba Deen Muhammad, group general manager, Group Public Affairs Division, NNPC and made available to Realnews today.
— Sep 15, 2016 @ 19:40 GMT
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