FG To Encourage More Private/Public Partnership To Boost Domestic Gas.

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Sylva made this known on the Twitter account of the Nigerian National Petroleum Corporation (NNPC) on Friday while inaugurating the Rainoil Limited Liquefied Petroleum Gas (LPG) facility with a tank capacity of 8,000MT in Ijegun, Lagos.

He said the facility which also has about 40 LPG trucks would help to deepen cooking gas penetration in the country in line with the vision of the Federal Government.

Sylva said Rainoil Limited had strengthened its partnership with the government in gas utilisation and development of the gas sector in the country with the establishment of the facility.

He said : “Rainoil is really working in tandem with the vision of the federal government, in making gas a preferred fuel in the country.

” I am excited at what I am seeing here today. Everything can speak for itself. As you can see, energy is very important in the global economy and I am glad that Nigerian’s are playing key roles in the oil and gas industry.”

Sylva noted that Rainoil’s investment in gas development aligns with President Buhari’s agenda in the National Gas Expansion Programme (NGEP), adding that the government has declared 2020 as “The Year of Gas”.

He said Nigeria had sufficient gas reserves to meet its energy needs as the government intensifies efforts to deepen LPG penetration and attain five million MT of LPG consumption by 2022.

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