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Nigeria is deploying capital into midstream gas to close infrastructure gaps – Olu Verheijen 

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The Special Adviser to President Tinubu on Energy, Mrs. Olu Verheijen has said that Nigeria is deploying capital into midstream gas to close infrastructure gaps.

She made the statement during the OTL Downstream Week which was held in Lagos recently.

According to her, the government is addressing gas infrastructure gaps in the country to speed up the gas transition of the economy.  

She said: 

Also, during the OTL Downstream Week, Farouk Ahmed, the Authority Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said that the focus of the Tinubu-led administration is to unleash the gas assets that the country has, as a transition fuel.

According to him, Nigeria has over 208 trillion cubic feet of gas and if investments can go into the country’s gas, then the country can easily transition to net zero.  

He said:  

Meanwhile, Gabriel Aduda, the Permanent Secretary at the Ministry of Petroleum Resources said there are key areas to focus on to develop Nigeria’s downstream sector. These areas include the following: 

What you should know: During the Domestic Gas and Gas Infrastructure Summit (DGGIS) held in Abuja in October 2023, Ekperikpe Ekpo, Nigeria’s Minister of State for Petroleum Resources (Gas) said that the Petroleum Industry Act (PIA) is already bridging infrastructural gaps in the gas sector.  

According to him, natural gas is a long-term solution to energy deficits in Nigeria and ensuring that infrastructure gaps are closed is a vital part of that plan. He said: 

 

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