By Kenechukwu Obiajuru
Nigerian Content Development and Monitoring Board (NCDMB) and Starzs Gas Limited have expressed optimism about Nigeria’s gas subsector growth and its potential to boost industrialization.
This enthusiasm was evident at the groundbreaking ceremony for a Compressed Natural Gas (CNG) Mother Station in Iwhreken, Ughelli South, Delta State.
The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, commended Starzs Investments Company Limited for expanding into the gas subsector, describing Starzs Gas Limited as a vehicle to drive industrialization and expand Nigeria’s economy ¹.
The multimillion-dollar Integrated CNG Project, slated for commissioning in the first quarter of 2026, aligns with the Federal Government’s Decade of Gas program.
The NCDMB reported a significant increase in local content, reaching 56% in the last quarter of 2023, up from 5% in 2010, stating that this growth indicates the increasing utilization of Nigerian assets and resources in oil and gas operations.
The Chairman and Chief Executive Officer of Starzs Investments Company Limited, Mr. Greg Ogbeifun, announced the promotion of his daughter, Miss Iroghama Ogbeifun, to Vice Chairman, citing her exceptional capabilities in visioning and implementing the blueprint for Starzs Gas Limited.
The project has received support from various stakeholders, including the Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Gas Association.
The Managing Director of NNPC Gas Marketing Limited, His Royal Highness Justin Ezeala, described the Integrated Gas Project as a timely response to the Federal Government’s charge to invest in gas infrastructure.
The CNG Compression Station, being built adjacent to the NAZ 3 Gas Plant at Utorogu, Delta State, has an initial capacity of two million standard cubic feet per day, scalable to five million within 18 months.
The project aims to expand from CNG to domestic LNG production, reducing carbon footprint and bringing economic benefits.