Delta to partner with NNPC on gas production
Written by Joe Nwachukwu, Owerri Thursday, 16 August 2012
DELTA state government is to partner with the Nigerian National Petroleum Corporation (NNPC) in the establishment of gas, petro-chemical and fertiliser plants in the state.
The state governor, Dr Emmanuel Uduaghan, who announced this on Wednesday, when the Group Executive Director, Refinery and Petro-Chemical of NNPC, Mr Tony Ogbuigwe, paid him a courtesy call in Asaba, said the gas sector was lucrative and would, therefore, work closely with the NNPC to establish the plants.
Dr Uduaghan said the NNPC should tap the potentials in the gas sector, explaining that there is a hidden gold mine in the sector which was begging to be tapped.
He also explained that his administration was interested in increasing its internal revenue profile and said investments in the gas sector was an opportunity to diversify the economy which the state government would take advantage of.
He said: “We are building a state that would look beyond oil for sustenance and since investment in the gas sector was viable. We shall partner with NNPC to ensure the successful take off of the gas, petrochemical and fertiliser plants in our state”.
The governor said the state would use the resources from oil production to invest in other sectors of the economy to increase the internal revenue resources of the state.