The Nigerian Content Development and Monitoring Board (NCDMB) is in the process of completing nine gas processing projects in collaboration with the Nigerian National Petroleum Company Limited and eight other private firms.
Although Nigeria has about 209 trillion standard cubic feet of gas, economic benefits from the resources remain poor as the price of LPG is skyrocketing due to the lack of local capacity.
The General Manager of Corporate Communications at NCDMB, Ginah Ginah had disclosed that some of the gas-based projects include a partnership with Rungas, which would see the production of 1.2million LPG Composite cylinders per year from Bayelsa and Lagos State.
He disclosed that the agency is also in collaboration with NEDO Gas Processing Company in Kwale, Delta State, for the establishment of an 80 million standard cubic feet per day gas Processing Plant and a 300 million standard cubic feet per day Gas Gathering hub.
“The Board is also working with Duport Midstream to establish an Energy Park at Egbokor, Edo State. The park would include a 40 million standard cubic feet per day gas processing plant, 2,500 barrels per day modular refinery and 20 megawatts power plants,” Ginah said.
Ginah stated that the board has partnered with the NNPC to invest in Brass Fertiliser and establish a 10,000 tonnes per day Methanol Production plant at Odioama, Brass, Bayelsa State. He added that the agency is investing with Triansel Gas Limited, NCDMB, NNPC, and others to deliver nine gas processing projects in Koko, Delta State to establish a 5,000 metric tonnes per day LPG Storage and Loading Terminal Facility.
In the northern corridor, a collaboration with Butane Energy Limited is expected to lead to the establishment of LPG Bottling Plants and Depots in Abuja and 10 Northern states. According to him, an investment with MOB Integrated Services would ensure the construction of a 500 million Tons Inland LPG terminal in Dikko, Niger State. He disclosed that the project would include the construction of a cylinder refurbishment plant, procuring 80,000 bottles of LPG Cylinders, and acquiring distribution assets.
Ginah said: “Another important partnership is with Southfield Petroleum to establish a 200 million metric standard cubic feet gas processing plant at Utorogu, Delta State. The project will produce 123,000 million Tons Per annum of LPG, about 10 per cent of current LPG demand nationwide.
"Similarly, the Board is collaborating with Amal Technologies to set up a plant in Abuja to produce Smart Gas/Smoke Detector Alarm devices."
The Guardian News.