The Nigeria Gas Association (NGA) has called for the review of the Gas Master Plan.
The association, represnented by its President, Mr. Bolaji Osunsanya, made the demand during a visit to Seven Energy.
In a statement, he maintained that various issues in the master plan should be revisited to move the sector forward.
“The issues we put on the table as at 2008 for the gas master plan all require revisiting; be it fiscal terms, regulation, pricing or tax terms. For us as an association, that will be the challenge going forward,” Osunsanya said.
He added that the NGA is a broad-based association that pushes sector critical issues to stakeholders in a non-partisan way that is devoid of self interest.
Amongst the critical issues that the association is currently canvasing, he said, include positioning gas as the new resource pride for Nigeria, shoring up gas reserves and re-visiting the Nigerian Gas Masterplan.
Meanwhile, Seven Energy has pledged to cooperate and strengthen ties with NGA on shared objectives of focusing on domestic gas supply to support the socio economic development of Nigeria.
This was disclosed by Seven Energy’s Chief Operating Officer, Jeff Corey, during a courtesy visit by the executive council members of the association to the company’s corporate office in Lagos. “We have many shared objectives.
Whilst we have interests in some oil operations, Seven Energy’s focus remains domestic gas and our gas operations are integrated from production, processing, transport to sales,” said Corey.
Mr. Corey said that gas infrastructure, one of the areas of focus for Seven Energy, is highly needed in Nigeria and success can be accomplished in this area through attracting international funding along with the government funding.
