Firm Launches Gas Projects To Boost Power Generation
The Nigeria National Petroleum Corporation (NNPC) has authorised seven Critical Gas Development Projects (7CGDP) to deliver about 3.4 billion standard cubic feet of gas per day (bscfd) to bridge the foreseen medium term supply gap by 2020 on an accelerated basis.
The 7CGDP is part of the gas development strategy designed by the corporation to leverage the full potential of gas to meet the target of generating at least 15 gigawatts (GW) of electricity by 2020.
Speaking in Lagos yesterday during the launch of the 7CGDP project, the Group Managing Director of the corporation, Dr. Maikanti Baru, enthused that the projects would not only bridge the projected shortfall in supply upon completion, but would signal the beginning of the process of closing demand-supply gap in the domestic gas market.
He said NNPC had engaged two world class project management consultants, namely DeltaAfrik/Worley Parson and Crestech/Penspen who will work with NPDC and NNPC JV Partners and other stakeholders to achieve set project deliverables.