•NNPC raps Japanese firm for PH refinery’s TAM
To boost power supply, the Nigerian National Petroleum Corporation (NNPC), is working to increase gas supply to thermal power stations by 250 million standard cubic feet per day (mmscf/d) to 650mmscf/d before end of this year.
Its Group Managing Director, Andrew Yakubu, disclosed this while declaring open the Nigerian pavilion at the ongoing Offshore Technology Conference (OTC) in Houston, Texas, United States.
Yakubu said the government is making efforts to address the problem of gas supply to the power sector on sustainable basis and ensure actualization of the gas revolution agenda to maximise the full benefits of the gas resources for the country. He said remarkable progress has been made in gas production for domestic use explaining that in the past four to five years, only 300mmscf/d was available for domestic use, which has currently jumped to I.5 billion standard cubic feet per day (bscf/d).
He also said the provisions in the Petroleum Industry Bill (PIB) when passed into law will tremendously advance benefits expected from gas for the citizens.
He said: “The essence of the PIB was to improve government’s take, fiscal regime, and jump in gas obligation. “There has been tremendous progress in gas production for domestic use. It was 300mmscf/d four to five years ago and now it is I.5bscf/d. This in any global standard is impressive and we intend to continue to build on that.
“NNPC is also the largest producer of gas for domestic use. We currently produce over 400mmscf/d and plans are under way to increase it by 250mmscf/d by end of this year. There is a lot going on in terms of gas investment and particularly in gas to power and the minister is driving us not only to sustain this but to surpass it.”
The NNPC chief also explained the government’s efforts at reducing dependence on imported petroleum products by improving output from local refineries. He said the corporation is still in discussion with the original equipment manufacturer (OEM) of Port Harcourt Refinery, Japanese Japling Corporation (JJC) to come to Nigeria and carry out the turnaround maintenance (TAM) of the refinery.
“Turnaround maintenance is not a ceremonial snapshot. It is our duty on annual basis to maintain and operate our plants. TAM is scheduled for certain interventions that will require total shut down of the plant. We have scheduled TAM for Port Harcourt refinery and a lot has happened in the refinery’s turnaround initiative. “