The Nigerian National Petroleum Corporation (NNPC), on Thursday, July 30, revealed plans to deliver about 5GW or 5,000 Megawatts (MW) of power by 2022.
According to the NNPC, this prediction was based on the commencement of the construction of a number of gas projects, particularly some major pipelines.
Since the privatization of the power sector in 2013, Nigeria has struggled to achieve a sustainable electricity supply.
This is due to factors such as the shortage of gas to power the plants; as well as slowing the nation’s industrialisation and gas monetisation drive.
The NNPC hinted that the new generation capacity would be boosted by an additional 5 billion cubic feet of gas daily by 2022; while also exploring partnerships for transmission and investments to enhance evacuation and power improvement.
Stakeholders, who gathered for a webinar on the Nigeria International Pipeline Technology & Security (NIPITECS), duscussed strategies on how to reduce cost in the industry,.
They insisted that the development of pipelines was critical to harnessing the nation’s oil and gas resources.
NNPC’s Chief Operating Officer, Gas, and Power, Yusuf Usman, said during the webinar that with the expected delivery of NLNG Train 7 by 2024, the Federal Government was working on the completion and inauguration of the Escravos–Lagos Pipeline System (ELPS) I and B3 gas pipelines to ensure connectivity between the Eastern and Western parts of Nigeria.
Usman also noted that the construction of the Ajaokuta-Kaduna-Kano; and two other gas pipelines, would ensure gas availability in the Northern part of Nigeria and interconnectivity within the East.
He said some midstream processing facilities like the ANOH Gas Plant would guarantee gas supply to the domestic market; as the country pursues the actualization of the Seven Critical Gas Development Projects (7CGDP); to deepen the penetration of its gas resources, notably, LPG, CNG, and virtual LNG in-country.
According to him, the country would also secure and market the Nigerian Petroleum Development Company Ltd. (NPDC) joint venture portion and Production Sharing Contract (PSC) gas volumes; while pursuing the development of gas-based industries like the Brass Fertilizer project.
Usman further said NNPC was looking to engage the Transmission Company of Nigeria, TCN, and generation companies (GENCоs); to execute a partnership agreement or framework for expanding the nation’s transmission network.