The Nigerian Content Development Monitoring Board, NCDMB, has said it has partnered with 15 firms to set up projects covering modular refining, gas processing, gas distribution, power generation, manufacturing and others.
The general manager, Corporate Communication and Zonal Coordination, NCMDB, Dr Ginah O. Ginah, stated this yesterday at a media stakeholders meeting with the theme, “Enhancing media competencies to support Nigerian content in a gas economy”.
Ginah said 70 per cent of the board’s investments are on gas-based activities, especially midstream and downstream gas.
He said NCDMB investments underscore the importance of gas to Nigeria’s economic sustainability, apart from its role in the energy transition, adding that gas can lead Nigeria to food sufficiency, industrialization, increase in Grospowers Domestic Product, and electric power sufficiency.
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He said some of NCMDB’s gas-based projects include its partnership with Rungas to produce 1.2 million LPG composite cylinders per annum in Bayelsa and Lagos states.
It is collaborating with NEDO Gas Processing Company in Kwale, Delta State for the establishment of 80 million standard cubic feet per day gas processing plant and a 300 million standard cubic feet per day gas gathering hub.
He said, “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.
“The board partnered with the NNPC to invest in Brass Fertilizer and establish 10,000 tons per day Methanol Production plant at Odioama, Brass, Bayelsa State, just as we are investing with Triansel Gas Limited in Koko, Delta State to establish a 5,000 metric tons per day LPG storage and loading terminal facility.
“Up North, we supported Butane Energy Limited to establish LPG Bottling Plants and Depots in Abuja and 10 northern states, just as we are investing with MOB Integrated Services for the construction of the 500 million tons inland LPG terminal in Dikko, Niger State.
“The project will include the construction of a cylinder refurbishment plant, procurement of 80,000 bottles of LPG cylinders and acquisition of distribution assets.
“Another important partnership is with Southfield Petroleum to establish a 200 million metric standard cubic feet of 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.
“In the same vein, the board is collaborating with Amal Technologies to set up a plant in Abuja to produce smart gas/smoke detector alarm devices.”