NIGERIA: Group Recommends NLNG Model to Restore Refineries

NIGERIA: Demand for Liquefied Petroleum Gas Rise by 40%

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has recommended the application of the Nigeria Liquefied Natural Gas (NLNG) operating system and model to restore the country refineries.

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Mr. Ndukaku Ohaeri said that the achievement history of Nigeria Liquefied Natural Gas required to be imitated by other governments such as the Nigerian government to develop our four broken down refineries.

The PENGASSAN President added that if the government can follow the Nigeria Liquefied Natural Gas model of operation it would help to increase the value of the country’s economy, create more job opportunity, and reduce the stress of importing refined petroleum products into the country and save some foreign exchange to have a favorable balance of payment.

The PENGASSAN boss further advised the government to overlook politics issues and act upon the passage of the Petroleum Industry Governance Bill (PIGB). He said that the Petroleum Industry Governance Bill if acted upon, would help dismiss some of the obstacles of efficiency, address loopholes of corruption in the sector and prepare the industry for best competitiveness and productivity.

However, he said that the bill would help develop a new form in the oil and gas sector and to support the nation’s growth at large.

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