Site icon Good Evening Nigeria…Breaking news in Nigeria

Nigeria now accounts for 33% of Africa’s gas reserves, FG declares – PUNCH NEWS

Gas Plant [credit; Guardian News]

Nigeria currently accounts for 33 per cent of the total gas reserves in Africa, the Federal Government said on Monday.

While disclosing this through the Nigerian Upstream Petroleum Regulatory Commission, it added that the gas reserves in Nigeria could last for about 94 years.

The Chief Executive Officer, NUPRC, Gbenga Komolafe, disclosed this in Abuja at the Nigerian Association for Energy Economics 16th Annual International Conference, with theme, ‘Energy evolution, transition and reform: Prospects for African economies’.

He said it was important to note that oil and gas would continue to guarantee energy security for Nigeria’s massive population estimated to be about 200 million.

To read the complete story, click here

Spread the love
Exit mobile version