The Chief Executive Officer of the Presidential Compressed Natural Gas (CNG) Initiative, Engr. Michael Oluwagbemi, yesterday, said Nigeria flares no less than one billion cubic feet of gas daily while injecting three billion into wells and exporting three billion to develop other places.
He revealed that only 1.3 billion cubic feet of gas is utilised domestically, with barely any going into transport, which would change now as they commit to this mission through the Presidential Compressed Natural Gas Initiative (PCNGI) and the Nigerian Army.
Stating that “Nigeria is a gas country that happens to have some oil,” Oluwagbemi said Nigeria has 208 trillion cubic feet (TCF) of gas in 30 of 36 states.
