Arewa Oil and Gas Marketers Association (AROGMA) said it has concluded arrangements to invite foreign companies to invest in the domestic gas utilization value chain in the country, especially in the northern region.
The newly elected Chairman of AROGMA, Alhaji Bashir Dan-Mallam made the disclosure during a press conference in Kano on Saturday.
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According to Dan-Mallam, AROGMA, with the active support of Nigeria National Petroleum Company Limited, NNPCL, is set to invite companies from Qatar, Turkey, Germany and India for establishment of gas facilities in Nigeria.
He disclosed that AROGMA is already in contact with their foreign the partners and it is studying their various proposals.
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“Nigerians, especially Northerners are set to witness an energy transition and alternative energy from Premium Motor Spirit, PMS, otherwise known as petroleum to Compressed Natural Gas, CNG, as plans are underway by to invite
foreign companies to invest in the domestic gas utilization value chain in the region,” he said.
The Chairman noted that the project would be a great achievement to Nigeria and would be another milestone in the country’s development, especially the Northern region.
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He also noted that it would ease the biting economic hardship, especially in Northern Nigeria, occasioned by the removal of fuel subsidy.
Dan-Mallam also commended the effort of the management of NNPCL for their tireless and unflinching support and encouragement to the industry players to invest in various fuel substitution initiatives, CNG usage and conversion, Autogas, refineries etc.
