Natural gas : we're capitalizing on its dual potential
Liquefied petroleum gas is clean, natural and abundant. We are tapping its huge potential for use by consumers and to power electrical generation plants cleanly
We recognize the attractiveness of natural gas, not only for residential and commercial uses such as cooking and water heating, but also for clean electrical generation.
As we increase our exploration and development activities, liquefied petroleum gas will become an important part of our energy portfolio – for export, for residential and commercial sales, and to supply power generation plants.
Nigeria's natural gas reserves are the largest in Africa, at 185 trillion cubic feet. Currently, a significant amount of natural gas produced is flared. The Nigerian government has developed a number of initiatives under strategic gas framework for developing the huge natural gas reserves in the Niger Delta.
Our gas subsidiary company will participate in all aspects of the midstream and downstream natural gas value chain including but not limited to the following:
We are currently working with a few international companies and relevant providers of gas solutions with a view to creating joint ventures that would enable us develop the opportunities we have identified.