Wednesday, October 8, 2008

NAPE –Nigeria has gas to sustain for 100 years

Ayodele Samuel,Lagos Nigerian Association of Petroleum Explorationists NAPE has reveal that the nation’s gas reserves could last for the next 100 years and was enough to sustain on going domestic and regional projects. The President, NAPE, Dr. Kingsley Ejoh, disclose this at a one-day seminar organised by the association for journalists , adding that based on the current reserves, there were enough gas to feed all the projects. The NAPE president, said, Nigeria’s gas reserves was about 180 trillion cubic feet. “Based on the industry’s estimation, can last for 100 years production,” he said. Speaking on backdrop of fears that there might not be sufficient gas in the country to feed domestic gas projects, particularly the independent power projects said there were enough gas for them. Addressing press men on the association Annual Pre-Conference Workshop, which is to hold next week Tuesday in Lagos,he said, “This year’s pre-conference workshop theme was chosen to deliver to government and all stakeholders, a deep and incisive articulation of the issues affecting gas and the energy industry in Nigeria.” He also said the workshop will “propose practical means of achieving national reserve targets in addition to deriving the most value from the commodity.” Expected to grace the event is the state minister for energy Cheif emmanuel Odusina, as special adviser to the president on Enegry matter Dr. Emmanuel Egbogah, NNPC Group General manager National Gas master plan mr. Timi Okon among others

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