Nigeria Commended At African Energy Conference In South Africa

Nigeria’s Ministry of Petroleum Resources has been commended for its impressive outing at the ongoing 2022 edition of African Energy Week (AEW) which officially kicked off yesterday Tuesday, 18th October 2022 in Cape Town, South Africa.

At the Confab themed ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ Nigeria clinched the prestigious award of ‘Gas Monetization Development Award of the Year’ premised on the Federal Government’s ‘Decade of Gas’ Development Initiative.

The award, Valuechain reports from Cape Town venue of the event, was received on behalf of the Ministry by the acting Chief of Staff/Governor of OPEC for Nigeria, and Special Adviser, International Energy Relations – Dr. Adedapo Odulaja and the Technical Adviser (TA) on Gas Business & Policy Implementation to Minister of State, Petroleum Resources – Dr. Justice O. Derefaka, alongside the Executive Secretary, Nigerian Content Development and Monitoring Board, (NCDMB) – Engr. Simbi Wabote and NNPC Group Executive Director (GED) Downstream, Adetunji Adeyemi among others.

Nigeria’s ‘Decade of Gas’ initiative succeeds the 2020 ‘Year of Gas’ declaration, which was a forerunner to the decade-long ambition and saw the government unveil a range of projects, including the 614kms-long Ajaokuta-Kaduna-Kano (AKK) pipeline at a cost of $2.8 billion to connect the eastern, western, and northern regions of the country, and the construction of $10 billion LNG Train 7.

Nigeria is the largest oil and gas producer in Africa and the sixth largest supplier globally of liquefied natural gas (LNG) in the world. Nigeria is a member of both the Gas Exporting Countries Forum (GECF) and OPEC.

One of the country’s major efforts is the Ajaokuta–Kaduna–Kano (AKK) 614km-long natural gas pipeline set for completion in 2023. It will feature a diameter of 40in and is expected to transport 3,500 million metric standard cubic feet per day (Mmscfd) of dehydrated wet gas from several gas gathering projects located in southern Nigeria.

The project will be executed in three phases, with phase one covering the construction of a 200km-long segment between Ajaokuta and Abuja Terminal Gas Station at a cost of $855m. Phase two will comprise a 193km-long section to be built between Abuja and Kaduna at a cost of approximately $835m. Phase three will involve the construction of a 221km-long section between the Kaduna terminal gas station (TGS) and Kano TGS. This section will cost an estimated $1.2bn to complete.

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