Home News Relief for Consumers As NNPC Completes Oredo Gas Processing Facility

Relief for Consumers As NNPC Completes Oredo Gas Processing Facility

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The Oredo Integrated Gas Handling Facility (IGHF) built by the Nigerian Petroleum Development Company (NPDC), the production arm of the Nigerian National Petroleum Corporation (NNPC), would be inaugurated on October 31, 2020 by President Muhammadu Buhari, Group Managing Director, NNPC, Mele Kyari, said on Wednesday.

Kyari, who disclosed this while inspecting the gas facility, said the 100 million standard cubic feet of gas capacity facility at Oredo flow station, Benin City, Edo State, would scale down importation of Liquefied Petroleum Gas (LPG) into the country.

According to the GMD, the plant has an estimated product streams of 330 tons of liquefied petroleum gas, 345 tons of industrial-grade propane, and 2,600 barrels daily of condensate.

He said the gas facility will deliver 260,000 metric tons of LPG, representing 40 percent of domestic gas requirement, significantly cutting the product import.

“Completing this project is a monumental feat for this country and we know that there are other efforts that are going on and we are supporting all of them. But ultimately what is important is that this country will be sufficient in LPG within a short period of time”, the NNPC boss said, adding that about 5billion standard cubic feet of gas is being delivered into Nigeria’s domestic market”, the GMD said.

Kyari added: “The contribution of that gas from NPDC is at least 500million standard cubic feet of gas. So NPDC is a critical stakeholder in the supply of gas into the domestic market.

“This is possible within two years, we have lined up of projects and activities. Today we have the highest number of rings running in this country. Five rings running at the same time adding incremental value, delivering major projects which will ultimately take to producing that 500,000 barrels per day target.

“NPDC is a company 100 percent owned by Nigeria and we are delivering it to be the number one upstream company in this country.

“With the support and alignment of all the stakeholders particularly the support we are getting from our president Muhammadu Buhari for us to deliver this company as the number one upstream company, we are going to ensure that gas will now be delivered without interruption into the domestic market, supply of crude oil to the international market by our own company by our own control will be justified.

“Today, the largest contributor gas to the domestic market is NPDC to the power sector. This a National responsibility and a commercial venture with a national outlook”, he added.

He commended the NPDC for the speedy completion of the project

Earlier, the NPDC’s  Managing Director, Mansur Sambo said the company remained the largest contributor of gas to Nigeria’s domestic market.

At the moment, the NPDC produces 260, 000 barrels of oil per day as against 136,000 barrels in 2019. The company targets production of 500,000 barrels per day.

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