Firm partners Delta govenment on gas-to-power project
In a bid to tackle the age-long problem of generation and distribution of power in Nigeria, PowerGas has come up with a sustainable solution to the power problem facing industries and other estates with its Gas to Power infrastructure for Industries and Manufacturers.
During the Virtual Gas to Power Summit hosted by PowerGas in Asaba, Delta State, it was revealed that the most efficient and cost effective way to generate power is through natural gas, which is readily available in the country. Nigeria is the 9th largest gas reserve holder in the world with about 190 TCF of natural gas.
Chief of Staff (Special Duties), Tam Brisibe, who represented the governor of Delta state, Senator Dr. Ifeanyi Authur Okowa, urged the Federal Government to harness the resources available in the form of natural gas to grow more gas related industries.
In his welcome address, Chairman, Delta State Investment Development Agency (DIDA), Afam Anthony Obiago welcomed investors, entrepreneurs and business owners, saying that the state is the largest gas producer in Nigeria, as over 40 percent of the entire gas used in Nigeria comes from the state.
“With the Virtual Pipeline Technology, PowerGas will deliver natural gas to markets and industrial clusters, which is to customers and areas not reached by gas pipelines. PowerGas is a pioneer in the Virtual Pipeline Technology in Nigeria, leading the gas industry with its Compressed Natural Gas Technology (CNG),” he said.
Praising DIDA and Delta State government for their support and partnership, the Managing Director of PowerGas, Pulak Sen said, “The CNG technology is the compressing and containerizing of natural Gas to enable shipment to customers either through rails, roads or waterways in Skid tanks, which is in line with the National Gas Policy.” He added that the CNG is affordable, sustainable and a safe way to kicks-start the gas-based industrialization of the country.
The summit also held a discussion session handled by a panel of seasoned professionals in the gas industry to enlighten participants and answer their questions.
Present at the summit were business owners, managing directors of various organizations, bank officials, heads of parastatals, government officials among other dignitaries.