Products and Services
- Power generation and Distribution
In the power generation and distribution industry a favourable climate has been created for the construction of Independent Power Plants (IPP) with the recent law, that removes the monopoly of the National Electric Power Authority. Several world-renowned power companies have already made proposals for gas-based power plants. These include Mobil Producing Nigeria Unlimited, Asea Brown Boveri Limited and M.S. Radiotronica S.A. of Spain.
- Fertiliser and Petrochemical Plants
Nigeria has a population of 120 million and an arable land space of 71.2 million hectares, but has only one nitrogenous and one supersulphate fertiliser plant. These do not satisfy the needs of the country. The establishment of gas-based fertiliser plants is very fertile area of investment within the country. In addition, the petrochemical industry offers a lot of room for expansion due to the large market available within and outside the country. This area of petrochemical plant development holds tremendous opportunities for investors and an opportunity for NGC to supply all required gas feedstock to them.
- Natural Gas Liquids Extraction Plants
Apart from the liquefied natural gas business and sale of Nigeria’s gas across its borders to its neighbours, other areas of the gas business that easily lend themselves for international investments include Methanol and MTBE export, Natural Gas Liquids extraction plants (several of these have been built by operating oil companies in Nigeria). Chevron and Sasol of South Africa are currently evaluating a 20,000b/d proposed Gas-To-Liquid Plant in Nigeria. Mobil too is engaged in a Natural Gas Liquids Recovery project that is extracting propane, butane and pentane, at Bonny in Rivers State of Nigeria.
- Domestic Use of Natural Gas
The NGC is committed not only to the growth and orderly development of the gas industry in Nigeria but most importantly to ensure that natural gas is a major contributor to the energy mix of Nigeria. In order to demonstrate the technical and economic viability of natural gas utilisation for domestic purposes NGC has completed a project to supply NNPC and Shell Petroleum Development Company
- Compressed Natural Gas as Automotive Fuel
In transportation, compressed natural gas as an alternative vehicle fuel has a great future in Nigeria especially in view of the need to export more crude oil or refined products for additional foreign revenue. Moreover, the environmental friendliness of natural gas positions it to compete favourably with refined products as domestic and commercial fuel. The outlook of CNG development in the country is therefore very bright and investments can be made in the conversion process, manufacture of conversion kits and provision of refuelling stations. So far NGC is pioneering the course albeit with a pilot scheme, by converting its fleet of vehicles and that of Shell Petroleum Development Company to run on CNG. With two mini-CNG refilling stations at its headquarters in Ekpan and its Lagos Operating Department, NGC also plans to establish bigger commercial refilling plants at strategic points in the country.