• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 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 Economy/Technology

Chamber engages Gazprom, African communities on gas utilisation, development

Gas

The Matters Press by The Matters Press
June 23, 2023
Reading Time: 3 mins read
0
Nigeria, Equatorial Guinea in talks to boost gas production

Abuja, June 23, 2023: The African Energy Chamber has urged Gazprom, Russian energy company, and African communities to drive gas development and utilisation in Africa.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

The energy chamber decried the fact that 600 million people across Africa lacked access to electricity while 900 million, especially women lacked access to clean cooking technologies.

Mr NJ Ayuk, Chairman, African Energy Chamber, made this known on Thursday at an International Roundtable on, “The Benefits of Natural Gas for the Population and Economy.”

The event, which was broadcast online in Johannesburg, South Africa, was organised by the Chamber with the support of Gazprom.

In an address, Ayuk emphasised the need for African communities to figure out how to have credible partners to drive a gas story for power generation, job creation, employment and industrialisation, among others in Africa.

He said globally, Africa possessed 13 per cent natural gas but remained the most under-explored and under-developed gas basin in the world.

“It is no longer acceptable that young Africans, their only hope has to be to cross the Mediterranean Sea or Sahara to look for prosperity in wealthy nations. We have it and we have to harness it.

“We believe that climate change and energy poverty are two sides of the same coin. So, we need to deal with both,” Ayuk said.

He implored Gazprom and all African communities to drive the gas story because it would not just be a transition fuel for Africa but future fuel.

“We have Mozambique, it could go from zero to the third largest gas producer in the world; we have got Nigeria with 200 plus Trillion Cubic Feet (TCF) of gas, we need to harness it and stop flaring it.

“We have Congo-Brazzaville with amazing TCF of gas, Senegal, Libya and Namibia with great new discoveries among others,” he said.

He, however, called on Africans to embrace the skills, technologies and willpower that Gazprom utilised to power the entire Russia with natural gas and kept developing.

Ayuk expressed dissatisfaction that Africa’s most industrialised nation, South Africa, was experiencing 10 hours without electricity daily when abundant natural gas existed around South Africa.

“We need to unleash the potential and open up the basin,” he added.

He thanked Gazprom, for its collaboration to tackle Africa’s most critical issues and drive the message across Africa for solution and improvement.

Ambassador of the Russian Federation to South Africa, Ilya Rogachev, who urged Gazprom to assist South Africa to mitigate its energy challenge, underscored the need to foster more advanced complex economic collaboration than increasing the volume of bilateral trade.

Mr Dmitry Khandoga, Head of Delegation of PJSC Gazprom, also dwelt on the activities of Gazprom group, including exploration, extraction, transportation, storage, domestic consumption and Liquefied Natural Gas (LNG) projects.

Khandoga said with the growing number of Africa’s population, food security and energy security needed to be addressed.

Mr Dahiru Moyi, Advisor to the Nigerian Ministry of Finance, Budget and National Planning, sought the assistance of Gazprom in developing its mobile gas facility in Africa.

“Gazprom mobile gas can be deployed in Africa, we should not wait for pipelines, Nigeria is ready for business and Gazprom is welcome to the negotiation table,” he said.

Moyi explained that there was no policy when Gazprom came to Nigeria for business in the past, but he assured that the Petroleum Industry Act passed in 2021, had a clear path on oil and gas business and investment.

According to him, when gas is developed in Nigeria, it will be easier to penetrate through Mozambique because Nigeria has a massive reach.

The roundtable also dwelt on the role of natural gas in the 21st century and development of gas infrastructure for poverty eradication, sustainable development, for safe environment and for gas-fired power generation and motor fuel.

It also discussed importing and exporting energy, energy mix in different African countries, long-term planning in the gas industry and gas technologies.

The roundtable brought together leading energy industry representatives from government regulators, business, the expert community and media from South Africa, Algeria, Angola, Ghana, Egypt, Nigeria, Morocco and Kenya, among others.

PJSC Gazprom, Russian majority state-owned multinational energy corporation, headquartered in Saint Petersburg, is ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue.

Tags: Gas
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
The Penis, its global culture

The Penis, its global culture

NERC declares meters free under mass scheme

Manufacturers kick against planned electricity tariff hike

Recommended Stories

Nigeria, nine others fail to sign air market deal

Tinubu takes measures to ease pains of foreign airlines

September 14, 2023
Nigeria to rebase CPI, GDP

Agriculture accounts for 23.78% of GDP

February 7, 2023
Trading in Nigerian stock market dips further N83bn

Stock market maintain bearish trend

August 17, 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

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

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