Gas for Trans-Saharan pipeline to not affect Nigeria’s domestic supply

Feb 27, 2008 01:00 AM

Minister of Power (Gas), Mr Emmanuel Odusina, assured that the setting aside of 13-15 tcf of gas for the Trans-Saharan gas pipeline would in no way affect domestic supply.
Speaking at the conclusion of the two-day 3rd Steering Committee meeting of the Trans-Saharan Gas Pipeline project in Abuja, Odusina explained, "That gas is going to be obtainable at Cluster Five and Six. It has been earmarked specifically for that project. It has nothing to do with domestic gas supply. We have our gas reserve. It is out of the reserve we have that we are going to supply gas to our domestic market, which is very critical".

"It's one of the essential things we are pursuing now in Nigeria so that for power plants, petrochemicals, fertilizer, all those areas, we have enough gas for them. So nothing is going to bother the gas we're going to supply to the domestic market. But the gas for the trans-Sahara has been earmarked. So nobody should panic."
On the issue of the volume of gas allocated to the oil producing companies to produce, the minister said the companies notably Shell, Chevron, Total, Agip had all agreed to produce according to their reserve.

"We are going to tell you how much gas you're going to reinvest for domestic consumption," he said.
"It's not like before when we just talked. We're going to enforce this. We're going tell them if you don't meet your obligation but if you don't meet it, there's a tariff. The gas is there, and they know, and they are committed and we are committed to make sure we get the gas from them, and they are going to respond," he said.

Source / This Day
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