The Managing Director, Nigeria Liquefied Natural Gas (NLNG), Mr. Tony Attah, has said that Nigeria has what it takes to become the world’s foremost oil and gas country.
He made this known at the ongoing Nigeria Oil and Gas Conference in Abuja, saying it is achievable if deliberate efforts are put in place to actualise that ambition.
Attah, who was represented by the General Manager, External Relations, NLNG, Mrs. Eyono Fatayi-Williams, said no country is ready to wait for Nigeria to develop its gas infrastructure as more African countries have emerged in the energy space.
“We must prove the 600 tcf, develop infrastructure and enforce provisions of the gas pricing.
“With our current gas reserves, we are ninth in the world with potential to be the first depending on how ambitious we want to be as a nation and the deliberate actions that we must take to actualise this ambition.
“Our gas reserve utilisation when compared with two industry players – Australia and Indonesia, should challenge us to go for more market shows.
“No country will wait for us to catch up but will continue with their close ambitions.
“And with the emergence of more African countries such as Mozambique, Senegal and Mauritania in the energy space, we must ensure that our number one position in the continent is not threatened by a market status.
“Qatar and Australia are not resting on their oars but are aggressive about their growth ambitions, and Nigeria should not be different,’’ Attah said.
He also stated that the development of the Nigeria’s gas sector would eventually determine its future and its infrastructure.
According to him; “the flexibilities, the management space, disruption in the business environment means that our response to this reality is what will determine our future.
“Today, with the volatility in the business place, we must determine the future we want for ourselves as a gas nation.
“We need the understanding to deal with the uncertainty. And we are on that path. We must utilise our gas”.
Attah expressed optimism that Nigeria would achieve its set ambition in gas with the inauguration of “Train 7” of its gas project