There are immediate considerations by the government towards enhancing power-to-gas initiative in a deliberate approach not only to harness the country’s abundant gas reserves but to push up electricity generation.
Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo said the revitalisation of the initiative will mark a strategic shift in the country’s approach to harnessing its abundant natural gas resources.
This initiative is designed to enhance electricity generation, foster economic development, and boost Nigeria’s global competitiveness by focusing on the comprehensive development and utilisation of gas resources.
The government aims to address chronic electricity shortages, stimulate industrial growth, and promote cleaner energy solutions by prioritising domestic gas utilisation and investing in critical infrastructure.
With approximately 209 trillion cubic feet of proven gas reserves, Nigeria is poised to transform its energy landscape.
This initiative also includes strengthening local content and capacity building, expanding liquefied natural gas exports, and supporting compressed natural gas projects for transportation. These efforts are meant to create a sustainable and prosperous energy future, aligning with global trends toward cleaner and more efficient energy sources.
