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Key stakeholders in the midstream subsector of the oil and gas industry have appealed to the incoming administration not to jettison the Decade of Gas plan, as it holds great potential for the Industrialisation of the country.
This is coming as some have expressed fears that increasing demand for Liquified Petroleum Gas(LPG) also known as cooking fuel, which has widened supply gap may cause further price disruption in the country.
Stakeholders who at the ongoing Nigerian International Energy Summit, in Abuja yesterday, called on the incoming government of Senator Bola Ahmed Tinubu to continue with the execution of the current decade of plan saying its a comprehensive plan that will help the country harness this largely untapped resources.
Managing director of the Nigeria Liquefied Natural Gas (NLNG), Dr Phillip Mshelbila, in his presentation said that time is fast running out for the country as the global push for energy transition intensifies.
According to him, Nigeria cannot afford a disruption in the Decade of Gas plan now.
He said time is running out as the social acceptability of gas is fast waning.
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