The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyrai, has said that there is no going back on the auto gas project and any other gas utilisation project initiated to benefit the country.
Kyari who spoke at the Seplat Energy Summit 2021, also advocated for developed countries to carry African countries along in the transition to cleaner energy.
President Muhamadu Buhari on March 29 this year declared “The Decade of Gas”, an initiative designed to ensure Africa’s biggest oil producer can take advantage of the global energy transition.
Part of projects to harness the rich gas deposits of the country was to aggressively pursue an auto gas conversion of cars.
The Auto-gas programme is expected to deliver at least one million vehicle conversions by the end of 2021.
In September, the Central Bank of Nigeria Governor, Godwin Emefiele disclosed that six companies have received N39.2bn to speed up the FG’s mass auto gas conversion project, but the conversion process has underperformed according to experts.
Kyari said, “We are not giving up on any of the things that we need to do. First of all, bringing the new use for gas in our country, on auto gas projects and declaring this year as the ‘Decade of Gas’.
“This means that we will focus more on gas monetization, gas utilisation, bringing up gas based industries and creating many other opportunities to utilise LPG and all resources of energy that are clearly not within the liquids framework.”
Kyari explained that the conversation around energy transition does not end with fossil fuel as he called it a ‘common mistake we see all over the world.”
The corporation’s boss explained, “When you say net carbon fuel, it doesn’t mean zero fossil fuel and we all understand this.
“We are already doing a lot of work around this. Getting infrastructure in place, aligning our partners and also getting the investing community to recognise that this is the market here. This is the safe way to exit the situation that we are facing.
“And ultimately for us as the national oil company, we have one key role which is to bring everybody on the table to see how we can take advantage of the energy transition opportunities that will surely come up and even in the liquids.
“It doesn’t mean zero liquid as Mike has said clearly that there are forecast that shows that even in 50 years time coming, we will still have up to a 100 million barrel per day potential of liquid consumptions in the world.
“So, we are not of the oil age, surely not within the short timeframe that we see globally that is being spoken about. But for us, what do we do about it? The use of fossil fuel must change, become much more friendly, much more climate friendly.”