Saturday, September 18, 2021

TotalEnergies Targets 50% Gas Energy Mix By 2030

The Executive Director Commercial and Strategy, TotalEnergies, Mr George Oguachuba, says the company targets 50 per cent gas energy mix by 2030.

TotalEnergies

He made this known at a panel discussion at the 4th Nigeria International Petroleum Summit in Abuja on Thursday.

“As a company and a business, the strategy is to become more and more as company and our target is that by 2030, we should have about 50 per cent gas energy mix in TotalEnergies.

“And this coincides with Nigerian government as it announced decade of gas, saying gas will play a significant role in the country’s economy,” he said

He said the company had started monetisation of gas resources to put in infrastructure for the delivery of gas to end users, adding they were also putting up pipelines for the delivery of gas to the domestic action.

“We have another option which is 300 million gas pipelines dedicated for supply for domestic gas obligations with government and we have signed three contracts on it.

He noted that the company was faced with challenge of appropriate price and how to make sure that gas gets to end users, among others. (NAN)

Edith Ike-Eboh
+ posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here

get in touch

321FansLike
101FollowersFollow
40FollowersFollow

Latest News

Related Articles

%d bloggers like this: