Good news: We’ve accidentally discovered 206trn cubic feet gas reserves, Sylva says

Good news: We’ve accidentally discovered 206trn cubic feet gas reserves, Sylva says

  • Nigeria has accidentally discovered a huge reserve of gas reserves in Nigeria according to Timipre Sylva
  • According to the minister of state for petroleum resources, the huge discovery was made while searching for crude
  • Going further, he said that if the country explore further, it will find up to 600 trillion cubic meters of gas

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Nigerians can start celebrating as Timipre Sylva revealed that the country has “accidentally” discovered 206 trillion cubic feet of gas reserves.

According to the minister of state for petroleum resources, the gas was discovered while the country was searching for crude oil, The Cable reports.

Sylva said that the country could discover an additional 600 trillion cubic feet reserve to enable it to achieve the desired development required of a gas nation, Guardian newspaper added.

Sylva says Nigeria has accidentally discovered gas reserve
Nigeria accidentally discovers 206trn cubic feet gas reserves, Sylva says. Photo: Timipre Sylva
Source: Facebook

He said:

“We have a lot of gas in this country. We have 206 trillion cubic feet of gas reserves,” Sylva said.

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“This number is already discovered in gas reserves and this 206 trillion cubic feet reserve was found while looking for oil, so it was accidentally discovered. We were actually going to look for crude oil and we found gas, and in that process of accidentally finding gas, we have found up to 206 tcf.
“So, the belief is that if we really aim to look for gas dedicatedly, we will find up to 600 trillion cubic meters of gas.”

In another report, the Chinese ambassador to Nigeria, Mr. Cui Jianchun has declared that Nigeria and China relations are intact and blossoming.

Ambassador Jianchun made the comment on Thursday, May 27 when he visited the minister of state for petroleum resources, Mr. Timipre Sylva in Abuja.

A statement sent to Legit.ng by the spokesman to the minister, Garba Deen Mohammed, noted that the two officials agreed on excellent relations that exist between their two countries and expressed the need to deepen the existing partnership.

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Fuel price hike: Panic as Nigerian Governors' Forum recommends new rates for petrol

Also, a committee set up by the Nigerian Governors' Forum (NGF) has reportedly recommended a petrol price of between N408.5 and N380 per litre. The committee also called for immediate removal of fuel subsidy.

Legit.ng gathered that the committee made the recommendations in its report submitted during a virtual meeting of the Nigeria Governors’ Forum on Wednesday, May 19.

Governor Nasir El-Rufai of Kaduna state who is the chairman of the committee explained that the current subsidy regime was unsustainable. According to him, smugglers and illegal markets in neighbouring African countries are the ones benefitting from the subsidy.

Also, the Delta government says it has put modalities in place to partner with the private sector to harness home-based talents in entertainment as a substitute to oil revenue in the state.

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Yahaya Bello says Nigeria needs the energy and blood of its youths to succeed

Mr. Akpobome ‘Ogusbaba’ Ogude, the senior special assistant to Governor Ifeanyi Okowa on talent development, disclosed this at the unveiling of the first edition of “Made in Delta Talent Search,” on Friday, May 14 in Asaba, the state capital.

Ogude said the governor had approved that the sector partner seasoned artists in the music, comedy, and movie industries to discover, develop and promote home talents.

Source: Legit

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