The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Engr. Farouk Ahmed said the Authority was ready to partner with the Nigerian Liquified Natural Gas (NLNG) towards solving Nigeria’s energy challenges and increasing gas use in cooking, transportation and power generation.
A press statement, which he issued yesterday noted that he spoke in Abuja when he received the management of the NLNG on a courtesy visit to his office. He commended the NLNG for its focus on prioritizing domestic supply which has had a significant impact on deepening gas consumption in the country.
The NMDPRA helmsman reiterated the Federal Government’s goal of deepening LPG/CNG, especially for Autogas as an alternative to Premium Motor Spirit (PMS) to cushion the effect in a situation of an upward spike in oil prices.
Meanwhile, the Managing Director, NLNG, Dr Philip Mshelbila, said the company will continue to prioritise the growing domestic LPG market and increase utilization by supplying 100per cent, of its Propane and Butane production.
Their other area of focus is to remain globally competitive.
He pledged the company’s dedication and commitment to making Nigeria an energy-sufficient nation.
He gave assurance that the Authority, as the regulator of the midstream and downstream, will put in place policies that will not stifle businesses but rather level the playing field and stimulate economic growth and job creation in the industry.
SOURCE:
The Nation Online.
John Ofikhenua
