Gabriel Enogholase
22 August 2008
Minister of State for Energy, Mr. Emmanuel Odusina yesterday in Benin said that the first Compressed Gas Station in Nigeria would be commissioned on December 2008 in Benin.
He said similar compressed gas stations would be cited in Abuja and Lagos by the Nigeria Independent Petroleum Company Ltd (NIPCO), the initiator of the projects.
The minister on a visit to the Edo State Deputy Governor, Mr. Lucky Imasuen ahead of his tour of the company's facilities in view of the December Commissioning, said the Benin Station would be the first to come on stream very soon as construction works on it was almost completed.
Noting that trillions of standard cubic gas was yet to be tapped in the country, he predicted that gas would soon overtake petroleum in the world as far as energy consumption is concerned.
He however lamented that the country was involved in colossal waste of its gas resource through flaring.
Of the 185 proven trillion cubic standard gas reserves in the country, he said, 125 million standard cubic gas is flared daily, saying that, that was the same quantity countries like Trinidad and Tobago were using to develop their economy.
While revealing that the Federal Government has put in place a master plan to harness, centralize and distribute gas to all parts of the country, the Minister said that his ministry has put in place a gas pricing policy which has four categories.
Responding, Mr. Lucky Imasuen thanked NIPCO for its initiative and assured the company of Edo State Government support, noting that apart from the state being business friendly, the company's initiative would benefit the economy and the people of Edo State.
While commending the Minister, Mr. Imasuen stated that his leadership role has redirected the country to focus on the usefulness gas.
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