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

Teleology takes control, announces new board for former 9mobile

Teleology has formally taken control of Nigeria’s troubled telecommunication company, 9mobile, by appointing a new board of directors headed by…

4 hours ago

I-G restates commitment of Nigeria Police Force to human rights protection

The Inspector General of Police (IGP), Mr Ibrahim Idris, says the Nigeria Police Force will ensure the rule of law…

4 hours ago

S/E Govs’ Forum organises workshop on good governance

South-East Governors’ Forum on Monday organised a workshop for Open Governance Partnership (OGP) Desk Officers in the states of the…

4 hours ago

South-East Governors Forum moves to strengthen good governance with OGP workshop

The South-East Governors Forum (SEGF) has organised a workshop for Open Governance Partnership (ODP) Desk Officers in the states of…

4 hours ago

Anambra corps members moved to Ebonyi, Imo

Prospective corps members who were supposed to do their national service in Anambra were moved to Ebonyi and Imo states…

4 hours ago

North Korea keeps undeclared missile bases running, says U.S.

A U.S. think tank said on Monday it had identified at least 13 of an estimated 20 undeclared missile operating…

13 hours ago