News

September 10, 2021

DPR, NCDMB, others move to maximize energy transition in Nigeria

Nigeria

By Prince Okafor

The Department of  Petroleum Resources (DPR), Nigerian Content Development and Monitoring Board (NCDMB), and other stakeholders in the country’s oil and gas sector have commenced moves to collaborate with the global community on maximum  energy transition deployment.

Energy transition is the global energy sector’s shift from fossil-based systems of energy production and consumption including oil, natural gas and coal to renewable energy sources like wind and solar.

READ ALSO:2023: Nigeria’s President can come from any zone – Sheriff

Speaking on the move yesterday at a hybrid NCDMB Research and Development Fair in Bayelsa, DPR Director,  Sarki Auwalu, noted that the inauguration of the National Oil and Gas Excellence Centre in Lagos by President Muhammadu Buhari earlier this year, was in line with the country objectives of safety, cost efficiency and value addition, to guarantee energy security.

His words: “To deepen gas penetration across the Nation, the year 2020-2030 has been declared the Decade of Gas to drive the Gas Expansion Programme, increase LPG penetration, Gas to Power, Gas Based Industries, Gas to People, Auto Gas etc. These are to serve as enablers for energy security, jobs creation, poverty eradication, a healthy environment, development of facilities in the gas sector, thereby creating opportunities for collaboration and revenue generation for government.

“The Nigerian Gas Transportation Network Code (NGTNC) provides the contractual framework for gas transportation. The National Gas Expansion Programme is aimed at stimulating domestic gas supply-demand and oil to gas substitution as transition fuel.”