Abuja – The Chairman, Senate Committee on Gas Resources, Sen. Nkechi Nwaogu says 30 billion dollars is required for the development of infrastructure to achieve daily gas production target by 2015.
Nwaogu said this in Abuja on Monday, at the opening of a National Conference on Gas Resources organised by the Senate Committee on Gas Resources.
The 3-day conference has the theme: “Deepening Domestic Utilization of Natural Gas and Routine Flare Elimination.”
She noted that the low utilisation of natural gas in Nigeria was due to the insufficient production and distribution infrastructure, which resulted into flaring of about 1.4 billion cubic feet of gas daily.
She said the legislature and the executive arms of government were working tigether to eliminate all obstacles in order to attract massive investments into natural gas sector.
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