Tuesday, July 21, 2026

FG to prioritise gas production, promote investment: Minister

He said the gas pipelines had been designed to be expanded from Train One to Train Three and even more on gas availability.

• January 26, 2024
Ekperikpe Ekpo
Ekperikpe Ekpo[credit – Adipec}

Minister of state for petroleum resources (Gas), Ekperikpe Ekpo, has restated the federal government’s commitment in supporting private sector investments geared towards unlocking Nigeria’s gas potential for the benefit of the economy and citizens.

Mr Epko made this known on Friday in Abuja when he met with a delegation of promoters and top officials of the Brass Petrochemical and Gas Project to be located in Bayelsa State.

The delegation was led by its managing director, Ben Okoye and the chief gas and power investment officer, Nigerian National Petroleum Company Limited (NNPC Ltd.), Salihu Jamari.

Mr Ekpo, in a statement issued by his spokesperson, Louis Iboh, tasked the management of gas producer, SPDC JV, to work closely with promoters of the Brass Petrochemical and Gas Project.

This, the minister said, would ensure a smooth supply of gas for the project in line with the aspiration of President Bola Tinubu on the availability of feedstocks to drive gas-based investments, commercialisation and industrialisation projects.

“The feeling of Mr President is that anything that has to do with gas production, commercialisation and industrialisation should be encouraged and given priority; I would like the two sectors to be more cordial,” Ekpo said.

Ben Okoye, managing director of the Brass Methanol project, informed the minister that the team had unbundled the gas and methanol components of the project to operate as separate projects.

He assured that once approval is received from the board of Brass Petrochemical, things would kick-start by March this year, adding that everything about the project would be completed by the first quarter of 2027.

He said the gas pipelines had been designed to be expanded from Train One to Train Three and even more on gas availability.

“Though the starting capacity for the Gas Plant would be 340 million standard cubic feet (mmscfd), the pipeline is designed to carry 980mmscf,’’ he said.

Ed Ubong, the SPDC representative at the meeting, assured that they are fully committed to the project and fulfilling its gas supply obligations.

Former minister of information and communications, Frank Nweke, who is also on the board of the Brass Petrochemical project, called for stronger political leadership from the government.

Mr Nweke said stronger leadership would see the project through, given the inherent benefits of additional revenue generation to government coffers, forex availability and job creation to citizens.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Pete Hegseth

Heading 1

U.S. has spent $37.5 billion on Iran war: Hegseth

“The estimate we have as of today is $37.5 billion,” Mr Hegseth said.

Toba Ajiboye

Lagos

Slain Lagos NURTW organising secretary buried amid tears

Mr Ajiboye died days after he was attacked by gunmen.

Migrants' boat

Africa

144 refugees, migrants dead, missing off Mauritania coast: UNHCR

“The refugees and migrants were reported dead or missing after attempting the perilous sea journey from West Africa towards Europe,” the agency said.

Daniel Ortega and Marco Rubio

World

U.S. govt condemns Ortega’s ban on elections in Nicaragua 

Mr Rubio urged the international community to rise against Mr Ortega’s dictatorship.

Oleksandr Syrskyi

World

Zelensky sacks Ukraine’s top general after firing defence minister

Mr Syrskyi’s dismissal came days after Mr Zelensky fired Ukraine’s defence minister, Mykhailo Fedorov, a decision that sparked protests across the country.

OIL AND GAS FACILITY

Heading 1

FG awards 37 oil, gas blocks to 31 firms

A total of 143 companies submitted 200 bids for 37 of the 50 oil and gas blocks originally put on offer.