The federal government has inaugurated a 12million cubic feet gas extraction plant and 20 megawatts gas power plant in Otakikpo, Ikuru, in Andoni Local Government Area of Rivers State.
Inaugurating the project yesterday, the Minister of State for Petroleum (Gas), Ekperikpe Ekpo, disclosed that the plants were built by Otakikpo Joint Venture comprising of Green Energy International Limited, the operator and Lekoil Oil and Gas Investment Ltd, the technical partner of the Otakikpo field PML 11 in the State.
In his remarks, Ekpo who commended the joint venture on the initiative, said the mandate of President Bola Tinubu to him was to drive the development of the gas sector in the country, noting that Nigeria ranks eighth in the whole world and largest in Africa with 33 percent of Africa gas reserve.
Ekpo stated that, “The creation of the Ministry of Petroleum Resources (Gas) by Mr. President reflects the foresight and wisdom of Mr. President in ensuring a dedicated and strategic focus on development of our natural resources (gas).
“This bold step is pivotal for actualising Nigeria’s vision for adopting gas as the transition fuel of choice especially as the global discussion of energy sustainability gathers momentum.”
