Oil & Energy
FG To Boost Gas Production By 3.4bn Cubic Feet
The Federal Government has promised to deliver about 3.4 billion standard cubic feet of gas per day to bridge the medium-term supply gap by 2020.
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, gave the assurance on Saturday at the 2018 Graduation of Petroleum Training Institute (PTI), Effurun, Delta State.
The minister, who was represented at the event by Media Officer of the ministry, Mr Idang Alibi, said that the Federal Government had decided to invest in the seven critical gas development projects to achieve the feat in 2020.
He said that the government had commenced utilisation and monetisation of the abundant gas resources of the country.
“The Federal Government has doubled her efforts in providing effective policies that will drive gas utilisation and commercialisation.
“We have decided to invest in the seven critical gas development projects in Nigeria. These projects will deliver about 3.4 billion standard cubic feet of gas per day to bridge the medium-term supply gap by 2020.
“Also, Federal Government is increasing attention to the eradication of gas flaring, utilisation and monetisation of the abundant gas resources of the country.
“This is in realisation of the place of natural gas as the energy of the future, although, it is not yet Uhuru as a substantial quantity of this precious resource is still being wasted through routine flaring,” he said.
Kachikwu said that two out of the 38 approved modular refineries would be inaugurated in December, 2018, one in Delta and the other in Rivers State, to boost fuel supply in the country.
He also said that the government had set up a steering technical committee to reposition PTI to take additional responsibilities toward meeting the targets for local content development in the oil and gas industry.
“President Muhammadu Buhari has directed that the PTI School of Diving should be upgraded to international standards. Efforts are ongoing to actualise the directives,” he said.
The Principal of PTI, Prof. Sunny Iyuke, said the institution would continue to deliver on its mandate as contained in the Act establishing it.
“I want to assure you that the institute is on course to becoming the hub of human capacity development and contributing significantly to the Nigerian content in the petroleum industry,” he said.
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Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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