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Cross River can attract methanol projects, generate foreign exchange through gas exports

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From Aniekan Aniekan, Calabar

 

Minister of State for Petroleum Gas Hon. Ekperikpe Ekpo says Cross River is well placed to attract methanol projects and also generate significant revenue from gas exports.

 

The Minister disclosed this in his keynote address during the Niger Delta Oil and Gas Investment and Security Summit.

 

The summit which attracted major stakeholders in the region had a theme: Constructive engagement for the protection of oil and gas assets and supporting institutions to drive implementation of extant laws to deepen local content realization.

 

Speaking through his Special Adviser Engr Abel Nsa, the minister said “Cross River with its strategic position and industrial base is well placed to attract methanol projects.

 

“Developing a methanol plant here will create jobs and position the state as a base for gas based industrialization.

 

“Through the Eastern horizon pipe, gas is transported from Akwa Ibom State and terminates at the UNICEM factory in Cross River.

 

“This infrastructure is a unique opportunity for Cross River State to serve as a gateway for gas exports to Cameroon, the wider Central Africa market to generate significant revenue”, he said.

 

He called for improved security for gas infrastructure and assured that the federal government will continue to support projects that will make Cross River State a true hub for gas industrialization, methanol production and exports.

 

In his remarks, the Senate president Senator Godswill Akpabio who was represented by Senator Benson Agadagba Sunday tasked the people of the region to join hands and develop their communities.

 

He maintained that the laws are there and the people must rise up and lay claims to the laws.

 

Paul Abang, of the Nigeria Delta Activists Group and LOC chairman in his opening remarks said the Niger Delta is the revenue point of the country and yet gets so little.

 

He maintained that the summit will help unearth the anomalies and see how to foster a common ground for the development of the region.

 

END

 

Cross River can attract methanol projects, generate foreign exchange through gas exports – Minister

From Aniekan Aniekan, Calabar

Minister of State for Petroleum Gas Hon. Ekperikpe Ekpo says Cross River is well placed to attract methanol projects and also generate significant revenue from gas exports.

The Minister disclosed this in his keynote address during the Niger Delta Oil and Gas Investment and Security Summit.

The summit which attracted major stakeholders in the region had a theme: Constructive engagement for the protection of oil and gas assets and supporting institutions to drive implementation of extant laws to deepen local content realization.

Speaking through his Special Adviser Engr Abel Nsa, the minister said “Cross River with its strategic position and industrial base is well placed to attract methanol projects.

“Developing a methanol plant here will create jobs and position the state as a base for gas based industrialization.

“Through the Eastern horizon pipe, gas is transported from Akwa Ibom State and terminates at the UNICEM factory in Cross River.

“This infrastructure is a unique opportunity for Cross River State to serve as a gateway for gas exports to Cameroon, the wider Central Africa market to generate significant revenue”, he said.

He called for improved security for gas infrastructure and assured that the federal government will continue to support projects that will make Cross River State a true hub for gas industrialization, methanol production and exports.

In his remarks, the Senate president Senator Godswill Akpabio who was represented by Senator Benson Agadagba Sunday tasked the people of the region to join hands and develop their communities.

He maintained that the laws are there and the people must rise up and lay claims to the laws.

Paul Abang, of the Nigeria Delta Activists Group and LOC chairman in his opening remarks said the Niger Delta is the revenue point of the country and yet gets so little.

He maintained that the summit will help unearth the anomalies and see how to foster a common ground for the development of the region.

 

 

 

 

 

 

 

 

 

 

 



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