02:32

Nigeria inaugurates key gas projects to increase supply by over 25 pct

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STORY: Nigeria inaugurates key gas projects to increase supply by over 25 pct
SHOOTING TIME: May 15, 2024
DATELINE: May 17, 2024
LENGTH: 0:02:32
LOCATION: Abuja
CATEGORY: SOCIETY/ECONOMY

SHOTLIST:
1. various of the virtual inauguration ceremony of the projects
2. various of the gas projects
3. SOUNDBITE (English): BOLA TINUBU, President of Nigeria

STORYLINE:

Nigerian President Bola Tinubu has inaugurated three pivotal gas projects in an ambitious move to support the most populous African nation's energy sector and promote industrial growth.
   
The simultaneous inauguration of the expanded AHL Gas Processing Plant, the ANOH Gas Processing Plant and the 23.3-km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline, all in the southeastern part of the country, was chaired virtually by Tinubu from his office in Abuja, the Nigerian capital, Wednesday.

SOUNDBITE (English): BOLA TINUBU, President of Nigeria
"In practical terms, this is more gas to the power sector, more gas to industries, and more gas to critical segments of our economy."

While pledging to continue fostering a conducive environment for investors in the energy sector, he emphasized the importance of these projects in aligning with the government's Decade of Gas Initiative, which aims to maximize Nigeria's abundant gas resources, curb gas flaring and catalyze industrialization.

Upon full operation, these projects are poised to inject approximately 500 MMscf of gas into the domestic market.
   
This surge represents a 25 percent increase in gas supply, destined to power various sectors, including electricity generation and gas-dependent industries, Tinubu noted.

Xinhua News Agency correspondents reporting from Abuja.
(XHTV)

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