Nigeria: Oil Producing Delta State Wants Investors to Explore Gas Reserves

Google+ Pinterest LinkedIn Tumblr +

Governor Ifeanyi Okowa of Delta State Nigeria, an oil-producing state, has called on investors to explore and exploit opportunities in the natural gas deposits in the state.

Okowa who spoke in Asaba at a one-day Virtual Gas-To-Powers summit, themed “Enabling Nigeria Resource for Development”, said that the state deposit of natural gas was about 40 per cent of total reserve in the country, adding that if the gas was harnessed, more youths would be employed and industrial activities would increase, The Guardian Newspaper reported.

Represented by the Chief of Staff Government House, Tam Brisibe, Okowa argued that agriculture and other entrepreneurship programmes aimed at empowering the youths will succeed if the huge potentials in the gas sector was exploited by investors.

The governor added that the state has over 40 per cent of the gas reserve in the country, noting that Nigeria is more of a gas country than petroleum but unfortunately the gas resources has not been exploited as much as it should have.

He said: “It is because of the gas reserve that we have in Delta, that made the Federal Government to set up the Multi-Billion Dollar Gas Revolution Industrial Park at Ogidigben in the state.

“So, I want to thank Power Gas Nigeria for the initiative to produce gas to power our industries, organisations and institutions which is more affordable and provides best alternative when the public power fails,” he said.He said that the project would not only help to industrialize the state but also provide cheaper means of energy for domestic uses.


About Author

Leave A Reply