Lagos — The Federal Ministry of Petroleum Resources, FMPR, in conjunction with the Department of Petroleum, DPR, will formally launch the National Gas Transportation Network Code on Monday in Abuja.
The Nigerian Gas Transportation Network Code is critical to government’s objective in firming up the country’s domestic gas obligation as well as promoting export.
The network code will ensure that the wrong quality of gas does not go into the pipeline in addition to guaranteeing gas pipeline integrity, open access to a pipeline and common understanding of metering.
“The review of the Network Code licensing framework and development of all its ancillary agreements have been firmed”, DPR said in a statement.
The code will also provide a uniform platform in terms of guidelines for agreements between buyers and sellers which will ensure transparency and eliminate existing bottlenecks.
“It is a major policy thrust of government to unlocking the potentials of gas as a resource and revenue earner for Nigeria which President Buhari (Honourable Minister of Petroleum Resources) and Minister of State for Petroleum Resources, Chief Timipre Sylva is very passionate about it”, the Department further said in the statement.