• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, October 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Foreign

Nigeria targets Trans Saharan, Europe gas market

The Matters Press by The Matters Press
June 27, 2021
Reading Time: 3 mins read
0
Nigeria targets Trans Saharan, Europe gas market

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The Federal Government says it is targeting the Trans Saharan and European markets with the ongoing construction of the Ajaokuta, Kaduna Kano Gas Pipeline popularly known as AKK Gas Pipeline.

Minister of State for Petroleum Resources, Chief Timipre Sylva, said at the weekend in an interview that the gas pipeline which is under construction would be one of the legacy projects of President Muhammadu Buhari-led administration.

“The plan is if we can get it to Kano, then it can continue all the way to Algeria at the Trans Saharan gas pipeline, and then link up with the Algerian pipeline and then we move it to Europe.

“So our gas can move all the way from the South to the European market. So, it is a very important piece of infrastructure and the president is very committed to it and it is very much on track.”

Sylva said when completed, the gas pipeline would also serve as a development backbone along the Southern-Northern corridors of the country.

“AKK gas pipeline is good for producers and the market because we have a lot of situations where gas is capped in the South and not produced because there is no market.

“But what we want to do now is to bring the gas across Nigeria, so that when you are now moving gas from South to the North, all the people along that corridor can key into that pipeline.

“What that means is that people will have access to gas anywhere in Nigeria; it will also enable Nigerians to invest in a gas-based industry anywhere in Nigeria.

“This is also good for the producer because he now has incentives to produce more. Before now, the gas in the South was capped but with this backbone, anybody can produce and link up with the AKK pipeline,” Sylva said.

According to him, the construction of the AKK Gas Pipeline will eliminate gas flaring completely in the country as it will absorb the remaining eight per cent currently being flared.

He continued: “Today as we speak on gas flaring, it is so much exaggerated. Gas flaring has been reduced to about eight per cent; we have taken down about 92 per cent of flares.

“Gas flaring is no longer the major problem of our communities today. There has been a lot of monetisation on gas.

“All the gas that was going into NLNG was previously flared, all the gas going into the power plants was previously flared, and there is a lot of gas also being re-injected into the ground so that we don’t flare it.

“We also use some of the gas to spike the crude oil, so we have found a lot of use for gas which brought flaring down by eight per cent, but people still exaggerate it.

“Before now in my own community, I saw the flares in the horizon when I stood by the Atlantic, but today it’s no more.”

Sylva urged communities in the Niger Delta to tap into the various opportunities created by the federal government’s gas utilization projects and stop complaining about the dangers of gas flaring which had almost been eliminated.

“Gas flaring is no longer a problem in the Niger Delta, eight per cent of gas being flared cannot be the problem.

“If I don’t know what to do with my gas that is when I flare, but if I can monetise my gas, why should I burn it when I can make money out of it.

“In fact it is in my interest not to burn my gas because it now has value. The problem with gas before was that it has no value because nobody was buying it.

“But now, if I can monetise it, I will be guarding it so that I can get some benefits from it,” Sylva added.

Tags: AKKGas
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Dangote Fertilizer in gas supply deal

Nigeria will support lawful artisanal refiners - Minister

SON alerts on second hand gas cylinders

Nigeria installs new terminals to boost gas supply

Recommended Stories

Chevron affiliates win FIRS Awards for tax compliance

Communities picket Chevron Yard in Escravos

May 18, 2023
Africa’s remittance inflows hit $72b

Nigeria’s foreign reserves down by $64m

February 3, 2023
SMEDAN to disburse N5.2m start-up grants to cooperatives

SMEDAN signs MoU with 212 enterprises on OLOP initiative

November 4, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us