Gas marketers urges fg to dredge excravos channel

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Gas Marketers Urge FG to Dredge Escravos Channel

The Nigerian Gas Association (NGA) has called on the Federal Government to dredge the Escravos Channel to boost gas supply and reduce the country's reliance on imported liquefied natural gas (LNG). The association, which represents gas marketers in the country, made the plea at a meeting with the Minister of State for Petroleum Resources, Timipre Sylva.

According to the NGA, the dredging of the Escravos Channel, which connects the Niger Delta to the Atlantic Ocean, would increase the country's gas production and reduce the cost of gas transportation. The association also urged the government to provide incentives to gas producers and marketers to encourage investment in the sector.

The Escravos Channel is a critical waterway that connects the Niger Delta to the Atlantic Ocean, and its dredging would enable larger vessels to navigate the channel, increasing the volume of gas that can be transported. The NGA estimates that the dredging of the channel would increase gas production by 1.5 billion standard cubic feet per day (scfd) and reduce the country's reliance on imported LNG.

The association also called for the implementation of the National Gas Policy, which aims to increase gas production and supply to power generation and industrial sectors. The policy, which was launched in 2017, aims to increase gas production to 15 billion scfd by 2025 and reduce the country's reliance on imported fossil fuels.

Overall, the NGA's plea for the dredging of the Escravos Channel is a call to action for the government to take concrete steps to boost gas production and supply in the country, which would have a positive impact on the economy and the environment.