Business is booming.

PIB: Nigeria can be world’s major oil, gas country — NLNG

By Nneka Nwogwugwu

The Managing Director, Nigeria Liquefied Natural Gas (NLNG) Mr Tony Attah, says Nigeria can become the world’s number one nation in oil and gas if deliberate actions are taken to actualise the ambition.

Attah, represented by Mrs Eyono Fatayi-Williams, General Manager, External Relations, NLNG, said this on Tuesday at the ongoing Nigeria Oil and Gas Conference in Abuja.

He said Nigeria with its current gas reserves of 206 trillion cubic feet (tcf) and possible 600 tcf was capable of being the world’s major oil and gas economy once it gets its plan right.

And with the emergence of more African countries such as Mozambique, Senegal and Mauritania in the energy space, we must ensure that our number one position in the continent is not threatened by a market status.

He noted that living in a vocal world had made it necessary for the country to take seriously the reality of developing its gas and energy industry.

The NLNG boss further noted that the development of the country’s gas sector would eventually determine its future and its infrastructure.

“The flexibilities, the management space, disruption in the business environment means that our response to this reality is what will determine our future.

“Today, with the volatility in the business place, we must determine the future we want for ourselves as a gas nation.”

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