Categories: News

Expert commends FG on AKK gas pipeline project

An energy expert, Mr Bank-Anthony Okoroafor has commended the Federal Government efforts on the Ajaokuta- Kaduna-Kano (AKK) gas pipeline project.

Okoroafor in an interview with Newsmen on Monday in Abuja said the approval of the project by the Federal Executive Council was a step in the right direction.

Newsmen reports that the project was approved by FEC in December 2017.
According to Okoroafor, the project will help address the infrastructure deficit map of Nigeria in terms of gas pipelines.
“ This is a 614 km long natural gas pipeline expected to transport 3,500 million metric scf per day of dehydrated wet gas from several gas gathering projects located in southern Nigeria
“ It will result in the establishment of a connecting pipeline network between the eastern, western and northern regions of Nigeria.

“ It will create a steady and guaranteed gas supply network between the northern and southern part of Nigeria by utilising the countries widely available gas resources,’’ he said
He added that the AKK project would reduce the large volume of gas flared annually in Nigeria, boost electricity generation, strengthen the industrial sector, promote and increase the local usage of domestic gas.

Okoroafor said that it would equally help the government to make more money and address some environmental and health issues from gas flaring.
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru recently in Dubai, directed the Chinese Consortium and NNPC Project Team on the project to finalize the term sheet for the project’s contractor financing agreement.

He reiterated the need for both parties to speedily conclude details of the agreement towards its full execution during President Muhammadu Buhari’s state visit to China in September.
The project is expected to be financed by a Chinese consortium made up of Bank of China and Sinosure.

Expert commends FG on AKK gas pipeline project was last modified: August 27th, 2018 by Francis Belux
Francis Belux

Published by
Francis Belux
Tags: gas pipeline

Recent Posts

  • Politics

Gov. Umahi wants INEC, security agencies to sign peace accords

To ensure safety of electorate and credibility of polls, Gov. David Umahi of Ebonyi says security agencies and the Independent…

6 hours ago
  • Politics

CJN Onnoghen`s arraignment: Nigerians must fight corruption at all levels- BMO

The Buhari Media Organisation (BMO) has said that Nigerians must unite and decisively take a stand against corruption, no matter…

10 hours ago
  • News

I made statement under duress, alleged kidnap kingpin, Evans, tells court

An alleged kidnap kingpin, Chukwudumeme Onwuamadike a.k.a Evans, has denied his confessional statement after his arrest in 2017, saying it…

10 hours ago
  • Politics

Buhari’s integrity enhances Nigeria’s rating among countries-Sen Enang

Sen. Ita Enang on Wednesday, said that President Muhammadu Buhari’s integrity and service to humanity had boosted Nigeria’s rating in…

10 hours ago
  • News

Ikeja Electric warns public against activities around power lines

Ikeja Electric Plc (IE) has cautioned the public against building structures and engaging in social and economic activities under power…

10 hours ago
  • Politics

Presidential panel summons Dankwanbo over death of personal cook

The Presidential Investigation Panel on the Special Anti-Robbery Squad (SARS) has resolved to summon Gov. Ibrahim Dankwanbo of Gombe over…

10 hours ago