Thursday, July 29, 2021
Home NEWS How Nigeria accidentally discovered 206trn cubic feet gas reserve – Timipre Sylva

How Nigeria accidentally discovered 206trn cubic feet gas reserve – Timipre Sylva

How Nigeria accidentally discovered 206trn cubic feet gas reserve – Timipre Sylva

Chief Timipre Sylva, Minister of State for Petroleum, has said that Nigeria accidentally discovered 206 trillion cubic feet of gas reserves while searching for crude oil.

Sylva, who disclosed this in Abuja at a News Agency of Nigeria (NAN) forum, disclosed that the country could discover an additional 600 trillion cubic feet reserve to achieve the desired development required of a gas nation.

“We have a lot of gas in this country. We have 206 trillion cubic feet of gas reserves.

“This number is already discovered in gas reserves, and this 206 trillion cubic feet reserve was found while looking for oil, so it was accidentally discovered.

“We were going to look for crude oil, and we found gas, and in that process of accidentally finding gas, we have found up to 206 tcf.

“So, the belief is that if we really aim to look for gas dedicatedly, we will find up to 600 trillion cubic meters of gas,” he said.

According to the minister, the country’s transition from gas to renewable fuel will be gradual when fully utilising the benefits associated with gas.

“We are also transiting, and that is why we are talking about gas. We see gas as a bridge to renewable fuels.

“We came from solid coal to crude oil; now we are moving to gaseous gas and then to renewables.

“The belief in the industry is that if we have this kind of vast resource and we have not tapped it, why should we abandon it and move to renewables.

“We have not used gas to drive our cars, and few people use it for cooking; we have not used gas to generate electricity or used it to fire our fertiliser blending plants, then why should we abandon it and move to renewables?

“What we are saying is that the western countries are in a position to move to renewables after using coal and crude oil to stabilise the electricity in their areas, and everybody there enjoys it.

“But we have a situation in Nigeria where a lot of people do not have access to electricity yet.

“So, what we are saying is that we agree to transit but let us use our gas first to develop our country and get the benefits of development, that point where everybody has electricity, then we can transit to renewable fuel,” he added.

Connect to kingsnaija for more news and entertainment by joining our whatsapp group or telegram group.

Join our group by clicking the join button below

Join telegram group or Join whatsapp group

Victor Adoghe
I'm a freelancer and entrepreneur who wants to make a difference in this World and strive to be better everyday” .

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST NEWS

Sammie BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Sammie BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Sammie BBNaija lockdown housemate...

Whitemoney BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Whitemoney BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Whitemoney BBNaija lockdown housemate...

Emmanuel BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Emmanuel  BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Emmanuel  BBNaija lockdown housemate...

Jaypaul BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Jaypaul BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Jaypaul BBNaija lockdown housemate...

Niyi BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Niyi BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Niyi BBNaija lockdown housemate...

Pere’s BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Pere’s BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Pere BBNaija Shine Ya...

Saga BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Saga BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Saga BBNaija Shine Ya...

Boma BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle

Boma BBNaija Housemate Biography, Pictures, Date of Birth, Career, Lifestyle This article is written about Boma BBNaija Shine Ya...

Today Big Brother Nigeria 2021 Launch Show Time, TV Channel, Streaming, Cast

Today Big Brother Nigeria 2021 Launch Show Time, TV Channel, Streaming, Cast. Here we are covering all you need...

Names of BBNaija 2021 Housemates for Season 6

Names of BBNaija 2021 Housemates for Season 6. The official names of the BBNaija 2021 housemates have not been...