STRATEGIC APPROACHES TO EFFECTIVE NATURAL GAS UTILIZATION IN NIGERIA'S HOUSEHOLDS
By Emmanuel Chidi Ehirim
Research Article
STRATEGIC APPROACHES TO EFFECTIVE NATURAL GAS UTILIZATION IN NIGERIA'S HOUSEHOLDS
ISSN: 3067-2562
DOI Prefix: 10.5281/zenodo.
Abstract
Nigeria currently has the largest proven natural gas reserves in Africa. A Nigeria Liquefied Natural gas (NLNG) exports about 75% of Nigeriaβs daily gas production. Approximately 52% of her export is to Asia. The discovery of huge natural gas reserves in Eastern Africa, especially Mozambique and Tanzania is a major threat to Nigeriaβs Asian market in few years. Domestic utilization of Natural gas was proposed as a solution, given the available large market of 170 million people. Several domestic gas utilization strategies were discussed in this work. However, Gas to Power, Gas as residential fuel and Gas as a feedstock for petrochemical industries were suggested as the most viable options. These options will not only make the country more industrialized, but also cut down unemployment rate in the country, aid her in the quest for diversification to Agriculture and reduce environmental pollution. The Nigerian government was implored to aid this cause by reviewing her local gas pricing, sensitize the populace on usage of natural gas as a domestic fuel and provide incentives for companies into domestic gas utilization