Mr Sarki Auwalu, the Chief Executive Officer, DPR, disclosed this while presenting keynote address at the pre-summit conference on “Decade of gas’, in Abuja, on Monday.
According to him, the levers include availability, accessibility, affordability, and acceptability, as well as deliverability. “This is because upstream gas producers must be assured that they will receive fair and equitable returns for their investments whereas, the price must be such that the end-users are able to pay for gas offtake in a reliable and consistent manner.
Auwalu commended President Muhammadu Buhari and the Minister of State for Petroleum Resources, Chief Timipre Sylva, for their outstanding leadership in deepening gas utilisation in Nigeria. He added that government was also working toward the expeditious passage of the Petroleum Industry Bill which would enhance clarity in legislative, regulatory, fiscal, and administrative frameworks in the industry.
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