Thursday, 5 February 2015

CLEAR TRANSFORMATION IN THE OIL AND GAS SECTOR - ONYEKABA CHIOMA ROSEMARY

- Under GEJ's Administration, there has been stable supply of petroleum products as well as efficient administration of the subsidy programme at reduced costs.

- Mobilization has begun for a new free trade zone in Ogidigben, Delta State, with world-class petrochemical and fertilizer plants to be built, creating over 5million jobs across the value chain.

- Gas flaring has been reduced from 24% to 18% between 2011 and 2012- as a result of the encouragement of accelerated gas development pojects.

- The diligent implementation of the amnesty programme in the Niger Delta has helped to increase oil production from amnesty level of 700,000 bpd to the current 2.5million bpd.

- Nigeria will soon become a major player in the international gas market through the implementation of the Nigerian Gas Master Plan.

- Compressed Natural Gas (CNG) programme is in full progress with more than 2000 cars already converted in Benin.

- Domestic Gas Supply to support the power sector has increased by 72% as part of the emergency gas supply programme.

- Government's effort at encouraging indigenous participation in the oil and gas industry has produced an oil terminalling facility (Ebok terminal) established by indigenous company with a current daily crude oil production of 7,000 barrels per day and a plateau production of 50,000 bpd at full capacity.

- Nigerians now own crude oil transportation tankers, flying Nigerian flags, Nigerian-owned marine vessels have increased from 54 to 388, creating employment for over 30,000 Nigerians.

- Onne Oil & Gas free trade zone has created 30,000 jobs directly and indirectly.

- The 136km gas pipeline form Oben to Geregu has been completed.

- The 31km Itoki to Olorunsogo gas pipeline has also been completed.

GEJ IS STILL GOING TO DO MORE SO PLEASE VOTE PDP ON THE 14TH FEBRUARY 2015.

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