industries, industrial parks, special economic zones, embedded/captive power generation, mobility CNG schemes and any other downstream gas utilisation programme.

“We envisage that this licence regime shall not only support the accelerated development of our domestic gas market but that it shall create opportunities for profitable investments for various classes of stakeholders, improve the socio-economic impact of gas resources across Nigeria and support our national energy transition plans.

“The GDLs are expected to lay a solid foundation for long-term growth and prosperity, unlock the full potential of our natural gas reserves, enabling the development of new, untapped markets and creating new sources of revenue and employment. These licenses are expected to catalyse investments.

“The GDLs will play an instrumental role in ensuring that Nigeria’s energy future is not just sustainable, but also equitable and accessible to all Nigerians,” he said.

Mr Ahmed said Piped Natural Gas (PNG) provides continuous supply, is cost-effective and safe, and eliminates storage challenges.

“These advantages will not only increase efficiency in how we use energy but will also be essential in meeting Nigeria’s growing energy demands.”

He said the authority should collaboratively work with all GDL holders to ensure that the strategic objectives of these licences, which include the efficient and non-discriminatory supply of gas to all wholesale customers in designated local distribution zones, growing the consumption of natural gas under licensed areas, supporting and accelerating the implementation of the CNG initiatives among others are fully actualised.

According to him, to ensure the efficient and transparent operation of the gas distribution network, the authority will monitor tariff setting and safety standards to govern the operation of the GDLs.

“We will encourage public-private partnerships to speed up the development of gas infrastructure with the government playing a vital role in providing support through regulatory oversight and Midstream and Downstream Gas Infrastructure Fund, while private companies will bring in the expertise and investment needed to drive the project forward.

“The NMDPRA shall also periodically revise the gas pricing and tariffing frameworks to ensure that the cost of gas remains fair and competitive, in line with the provisions of the PIA,” he said.
https://www.premiumtimesng.com/business/business-news/770181-nigerian-govt-awards-gas-distribution-licences-to-nnpc-shell-others.html
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