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Home Energy

FG to set up committee for gas-powered economy

by Abdulrahman Abdullahi
June 11, 2021
in Energy, News
Reading Time: 1 min read
0
FG gives date to commence full PMS price deregulation
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By Abdulrahman Abdullahi

A three-level committee have been set up to help develop a roadmap for implementing a gas-powered economy in the country.

The Minister of State for Petroleum, Chief Timipre Sylva, revealed this at the 4th Nigeria International Petroleum Summit (NIPS) underway in Abuja.

According to the minister, the committees include a committee of sponsors, a steering committee and a work team.

“From the feedback I have received, the stakeholders and the Nigerian people fully support the government’s natural gas agenda and the quest to use the resources to turn the country around.

“We cannot afford any delay and we have to strike the iron while it is hot.

“I want to believe that the roadmap and action plan to meet the expectations of a gas-fueled economy by 2030 drawn up from the previous meeting are part of the session’s agenda.

“In this regard, I inaugurated on June 2 the three-level structures to develop this roadmap made up of a committee of sponsors, a steering committee and a work team.

“The Sponsors Committee will be chaired by the Minister of State for Petroleum, the Director General of the NNPC, the Chairman of the Petroleum Producers’ Trade Section (OPTS), the Director General of the NLNG, the Director of the Department of petroleum resources (DPR) and a representative of the Minister of Finance as a member,” he said.

According to him, a consultant will provide program and project management services across all three levels.

Tags: Gas

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