The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has expressed Federal Government’s willingness to partner with genuine investors to unlock the full potential of Nigeria’s natural gas resource.
Ekpo stated this in an address at the Americas Energy Summit and Exhibition in New Orleans, Louisiana, USA, informing the audience that Nigeria is open for business and ready to partner investors and countries with the requisite technology and experience in the production and development of the country’s hydrogen resource.
A statement by his spokesman, Louis Ibah, quoted Ekpo as recognising the importance of innovation and diversification in the energy sector.
He also acknowledged hydrogen’s transformative potential in reducing carbon emissions and fostering a sustainable energy future.
The minister described the conference’s theme as not just timely, but also critical as the world seeks sustainable solutions to combat the challenges of climate change.
Ekpo said Nigeria has emerged as a key player in the global energy landscape, particularly in the Liquefied Natural Gas (LNG) sector.
The minister told his audience that the government has declared 2021 to 2030 as the “Decade of Gas” in Nigeria and that the initiative underscores a commitment to leveraging gas as a cleaner and more environmentally friendly alternative, mitigating the impact of climate change while meeting the country’s growing energy demands.
“As the fifth largest exporter of LNG, our nation plays a crucial role in meeting the energy needs of nations worldwide. The sustained growth of the LNG sector in Nigeria reflects our unwavering commitment to responsible energy production and supply,” he concluded.
