The Minister of State Petroleum Resources, Chief Timipre Sylva has said that Ministry is set to unlock the opportunities in Nigeria’s gas resources.
Timipre Sylva made this known at the occasion of the Virtual Commissioning of the Nigerian Content Tower, Swali, Yenagoa, Bayelsa State on Thursday, 13th August 2020.
“Our declaration of Year 2020 as the Year of Gas is no fluke. Throughout the year 2020 and beyond, our focus on gas development will be significant: from export gas to domestic gas, from LPG to CNG to mini-LNG, from power to fertilizer, we will devote our energy to unlock the gas below the ground and eliminate the wastage at the flares. I call on local and international investors to join us in these efforts for the benefit of all, Sylva said.
The statement read, “The completion of this project is a key achievement in the portfolio of priorities given to the Ministry of Petroleum Resources under the Next Level Agenda.
“Dear Mr. President, we must thank you for the visionary leadership you continuously provide to us in the Ministry and the entire country to ensure that the narratives of the oil and gas industry are changed from obscurity to transparency and from despair to development.
“The commissioning of this building is symbolic in many ways: It shows that Mr. President is keen to see infrastructural development in every part of the country; It shows that skyscrapers and other laudable infrastructures can be built in the Niger Delta; It shows that indigenous contractors can perform wonders when given the right opportunities; It shows that the people of Bayelsa and indeed the entire Niger Delta are receptive to development; and it shows that Nigerian Content is here to stay.
“I want to highlight that part of this symbolic development is the construction of the 10MW gas-fired power plant in partnership with NAOC JV to service the new headquarters building and the NCDMB industrial park under construction.
“This gas-fired power plant is just a tip of the iceberg as the Ministry of Petroleum Resources under the direction of Mr. President is set to unlock the opportunities in our gas resources instead of just quoting the statistics of our gas endowments every year.
“Our declaration of Year 2020 as the Year of Gas is no fluke. Throughout the year 2020 and beyond, our focus on gas development will be significant: from export gas to domestic gas, from LPG to CNG to mini-LNG, from power to fertilizer, we will devote our energy to unlock the gas below the ground and eliminate the wastage at the flares. I call on local and international investors to join us in these efforts for the benefit of all.
“Let me use this opportunity to congratulate the Swali Community, the government and people of Bayelsa State (including myself); the Nigerian construction company – Megastar and the Executive Secretary of NCDMB and his management team for the successful completion of the project.
“Our overwhelming appreciation must go to President Muhammadu Buhari (GCFR) and the Federal Executive Council for the gracious and timely approvals of our requests when it mattered most.
“We are proud to announce that Nigerian Content is here to stay for the good of the country and for the prosperity of our people, the statement concluded.
