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DPR Gas Network Code
The Department of Petroleum Resources (DPR) has said that its Nigerian Gas Transportation Network Code (NGTNC) has drawn investment proposals of over $500 million for the FG.
The statement was made by DPR Director, Sarki Auwalu at an interactive session as the department marks one year of initiating the network code in Nigeria.
The network code is a guide for unrestricted transportation of natural gas with security and reliability of gas transmission systems.
It also supports the advancement of advanced gas markets without discrimination in access to gas pipeline systems and transportation.
According to Auwalu, these factors are positive representations that are boosting investors’ confidence. Hence the interest to create more networks for the distribution of gas in Nigeria.
“The request is over 500 MMSCF per day, Auwalu said.”
DPR received investment proposals for power generation, ammonia for fertilizer, domestic LNG, methanol, virtual gas pipeline systems, new gas hubs and the establishment of Nigeria gas trading exchange.
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The DPR on the gas flaring plan
There are ongoing plans to further reduce the eight per cent gas flaring digits in Nigeria to five per cent through the DPR Nigerian Gas Flare Commercialisation Programme (NGFCP).
The NGFCP is a strategy for implementing the gas flaring and elimination policy of the FG.
Auwalu further validated the establishment of access to natural gas by the code saying that supply and demand across the entire value chain in Nigeria have become possible in a standard, fair, transparent and non-discriminatory manner.
He also emphasised that gas to power, domestic LPG and CNG, and gas-based industrialization will see a boost.
The DPR targets the global industry best practice and management of natural gas transmission and distribution in Nigeria.
