The Nigerian Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has recently hosted top officials of Shanghai Huayi Energy Chemical Company Group of China (HUAYI) and China Road and Bridge Corporation in his office.
The visit of Chinese to the nation’s Petroleum Minister of Gas as was disclosed in his X handle, was a strategic move in ramping up their investment interest as strategic investors in Brass Methanol and Gas Hub Project in Bayelsa State.
Also in the meeting were the Managing Director of Brass Fertilizer & Petrochemical Company Ltd, Mr. Ben Okoye; MD/CEO of Oil and Gas Free Trade Zones Authority, Mr. Bamanga Usman; Former Minister of Information and National Orientation, Mr Frank Nweke Jnr, among others.
Nigeria has been in the fore front crusade of global quest to adopt Natural Gas as an energy transition replacement for fossil fuel. The Honorable Minister described himself as an advocate of shift in Nigerian gas sector; he maintained that a shift towards gas is not merely an option but a necessity for our economic resilience.
As gas industry presents a unique opportunity to diversify the nation’s revenue streams, reduce dependence on oil, and create a more robust and sustainable economic foundation.
In buttressing his points recently at just concluded global energy event held in Abuja, Nigeria-the Nigeria International Energy Summit – the Hon. Minister highlighted regional position on why natural gas should take the global center stage as future energy of choice.
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“Energy security extends beyond geopolitical stability to include the resilience, diversification, and reliability of energy infrastructure. The gas industry, with abundant domestic reserves of proven 208TCF of gas and exploration potential, is crucial for enhancing energy security. In the light of the above, Nigeria has no business with energy poverty.
“On transition to a sustainable energy future, the gas industry serves as a bridge fuel, facilitating the shift from conventional to renewable energy sources. Natural gas, with its lower carbon footprint and versatility, aligns with global climate objectives while providing a reliable solution to meet energy needs. Nigeria, with significant gas reserves, should leverage this advantage to become a key player in the global energy transition,” The Honorable Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo stated.
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