CEOAFRICA.com gathered that the Nigerian National Petroleum Corporation (NNPC) has intensified efforts in promoting domestic gas use.

According to the Group Managing Director of the NNPC, Mr. Andrew Yakubu, the massive ongoing gas pipeline projects across the country will provide a veritable platform for individual homes and estates to be linked with gas pipelines. He said this during a panel discussion on power at the Nigeria Investment Summit in New York.

Represented by the Group Executive Director Gas and Power, Dr. David Ige, the Group Managing Director noted that gas provides cleaner and safer energy for households, adding that already, the SPDC Estate in Warri, Delta State, is fully wired up with gas for domestic use.

Our source disclosed that then GMD noted that the ongoing Calabar-Ajaokuta-Kano gas pipeline project will enable the Corporation to provide gas through pipelines to homes and estates in the Federal Capital Territory Abuja.

Yakub also noted that sustainable progress is on course with the growth from 620 million standard cubic feet per day to 920 mmscfd between 2010 and 2013.

“Supply grew at an average annual rate of 20% in the last three years to 1500mmscfd.The non-power sector has almost doubled from 185mmscfd to 310mmscfd.Similarly, over 360km of gas pipelines have been completed and commissioned.” He said.

He implored prospective investors to invest in the multibillion dollar Ogidigben Industrial Park, which offers investment opportunities in petrochemical, fertilizer, methanol and other non-oil sector of the Nigerian economy which he described as the choice destination for quick return on investment.