…partners 15 firms on projects covering modular refining, gas processing, gas distribution, power generation, manufacturing and others
The Nigeria Content Development Board (NCDMB) has explained why it is partnering with the Federal Government on its strategy to use gas as a transition fuel.
According to the agency, the Federal Government’s strategy is to use gas as Nigeria’s transition fuel. This position, it stated, has also been backed by the Ministry of Petroleum Resources with bold policies such as the National Gas Expansion Program, Gas Network Code and Flares Commercialisation programme.
It stated that as a responsive agency, the NCDMB has also taken deliberate steps to actualize the Federal Government’s declarations in gas and other aspects of the oil and gas value chain.
“We have partnered with credible investors to develop critical projects in the sector to take Nigeria towards the goal.”
This revelation was made by the agency’s General Manager, Corporate Communications and Zonal Coordination, Dr. Ginah O. Ginah at the Nigerian Content Capacity Building Workshop for Media Stakeholders, with a theme: “Enhancing Media Competencies To Support Nigerian Content in a Gas Economy,” held in Lagos.
He said the NCDMB has partnered with a total of 15 firms to set up projects covering modular refining, gas processing, gas distribution, power generation, manufacturing and others.
“It is worthy of note that 70 percent of our investments are on gas-based activities, especially midstream and downstream gas. Our investments underscore the importance of gas to Nigeria’s economic sustainability, apart from its role in the energy transition,” he said.
According to him, everybody knows for certain that gas can lead Nigeria to food sufficiency, industrialization, increase in Gross Domestic Product, and electric power sufficiency.
He said, above all, the investments by the NCDMB are helping to create employment opportunities for Nigerian youths, catalyze the local economy and achieve the Nigerian Content 10-Year Strategic Roadmap.
“Some of our gas-based projects include our partnership with Rungas to produce 1.2million LPG Composite cylinders per annum in Bayelsa and Lagos States and our collaboration with NEDO Gas Processing Company in Kwale, Delta State for the establishment of 80 million standard cubic feet per day gas Processing Plant and a 300 million standard cubic feet per day Gas Gathering hub.”
In addition to all these above, the Board is also working with Duport Midstream to establish an Energy Park at Egbokor, Edo State. The park would include a 40 million standard cubic feet per day gas processing plant, 2,500 barrels per day modular refinery and 20 megawatts power plants.
It has also partnered with the NNPC to invest in Brass Fertilizer and establish 10,000 tonnes per day Methanol Production plant at Odioama, Brass, Bayelsa State, just as it is investing with Triansel Gas Limited in Koko, Delta State to establish a 5,000 Metric Tons per day LPG Storage and Loading Terminal Facility.
Its partnership with companies spread beyond its operational base in the Niger Delta, as it is also engaged with Butane Energy Limited to establish LPG Bottling Plants and Depots in Abuja and 10 Northern States, just as it is investing with MOB Integrated Services for the construction of the 500 Million Tons Inland LPG terminal in Dikko, Niger State. The project will include the construction of a Cylinder Refurbishment plant, procurement of 80,000bottles of LPG Cylinders and acquisition of distribution assets.
Another important partnership is with Southfield Petroleum to establish 200 million metric standard cubic feet of gas processing plant at Utorogu, Delta State. The project will produce 123,000 Million Tons Per Annum of LPG, about 10 percent of current LPG demand nationwide.
In the same vein, the Board is collaborating with Amal Technologies to set up a plant in Abuja to produce Smart Gas/Smoke Detector Alarm devices.
It is however important to highlight that the agency’s partnerships and investments are backed by section 70 (h) of the NOGICD Act. This provision states that NCDMB can “assist local contractors and Nigerian companies to develop their capabilities and capacities to further the attainment of the goal of developing Nigerian content in the Nigerian oil and gas industry.”
