Nigeria Flag
Nigeria Flag

Nigeria’s move to develop its huge gas deposit was a step in the right direction, said Mohammed Barkindo, secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) on Monday.

“Gas is vital to Nigeria’s future, as is oil, and both will be fuels of choice globally for the foreseeable future and instrumental in facilitating the energy transition,” Barkindo told a pre-summit conference in Abuja on “The Decade Of Gas In Nigeria,” a plan aimed at developing the industry in the country in the next 10 years.

The secretary-general said the gas development plan from 2021 to 2030 was likely to place Nigeria at the forefront of the vital global industry.

He told the audience that the country’s Petroleum Industry Bill currently before the National Assembly was timely for the achievement of the decade of gas.

He said the global primary energy demand was set to increase by 25 percent in the period to 2045.

Barkindo said the world needs more energy, and Nigeria as a reliable and dependable supplier of hydrocarbons to global markets has a key role to play in this regard.

Disclaimer: News Ghana is not responsible for the reportage or opinions of contributors published on the website.

Send your news stories to [email protected] and via WhatsApp on +1-508-812-0505 

Previous articleGhana beats Sao Tome and Principe 3-1 in AFCON qualifier
Next article5 killed in truck accident in south Nigeria, including students
Xinhua News Agency, Xinhuanet is an important central news service-oriented website, an important information organ of the central government, and an important platform for building up China's online international communication capacity. Established on November 7, 1997, as an online news provider of the Xinhua News Agency, it was officially named Xinhuanet on March 10, 2000 and began around-the-clock news release with leading online public opinion at home and setting a good image of China abroad as its main task.


Please enter your comment!
Please enter your name here