Aliko Dangote, the President of Dangote Group assessed that the gas pipeline being constructed by the company will triple the country’s consumption of the material.
Company expected to triple gas consumption
Compared to the nation’s current consumption of one billion cubic feet, the 1,100-kilometer pipeline would give the country three billion cubic feet of gas, compared to the nation’s current consumption of one billion cubic feet.
During a tour of the $14bn (2N2.8tn) refinery, fertiliser and petrochemical complex being built in Lagos, he said, “We are doing a gas pipeline through the sea, 550 km each for two lines, which is about 1100km from Bonny to here (Dangote Industries Free Zone, Lekki, Lagos). And that will give us three billion cubic feet of gas. At the moment today, the entire consumption of Nigeria is one billion cubic feet. So, we are going to triple that all at a stretch.”
"We are going to evacuate through the gas pipeline. Anybody who has gas can tap into our gas pipeline and it will come down here and we will now connect to other areas going to the North, like Ajaokuta area, the west, Ogun and others."
He added, “Given the current power generation challenge confronting Nigeria and its huge untapped gas reserves, the country cannot be an exception to this ongoing gas-to-power revolution.”
The company has been involved in the plan to generate sufficient energy allover the country, helping to consolidate the government's effort in this direction.
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