Approval For Autogas Plant Expansion

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In a recent development, the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has granted its approval for the expansion of an autogas plant by a local firm; marking a significant step towards increasing gas availability in Nigeria.

The NMDPRA has reported that several critical gas projects are nearing completion throughout the country, with some slated for finalisation in the coming year. Farouk Ahmed, the Chief Executive of NMDPRA, stressed the importance of harnessing Nigeria’s vast natural gas reserves, which amount to a staggering 209 trillion cubic feet; especially as the nation undergoes energy transition and industrialisation.

Under this newly granted approval, an additional Liquefied Petroleum Gas (LPG), storage depot with a capacity of 500 metric tons will be established in the Gwagwalada region of the Federal Capital Territory.

Ahmed emphasized the current opportune moment to optimise Nigeria’s abundant gas resources; given the government’s commitment to gas as a transitional fuel, along with recent steps to deregulate the PMS market. He also highlighted the potential for generating new employment opportunities through this initiative.

Edward Traore, the Managing Director of Noretek Energy Ltd, expressed the company’s dedication to clean energy and how this milestone aligns with its broader strategic goals. He pledged active involvement in the Federal Government’s clean energy endeavors; emphasising that this depot represents a pivotal element in his organisation’s comprehensive clean energy ecosystem.

 

 

 

 

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