A Spokesman of the Ministry of Petroleum and Natural Resources (MPNR) has taken strong exception to allegations leveled against it in its plans of importing Liquefied Natural Gas (LNG). The allegations are baseless, unfounded and malicious. The country is faced with a serious energy crisis which includes over 2 bcfd gas demand supply imbalance, adversely impacting on the economic growth of the country.
The Federal Government is pursuing import of gas through trans-national pipelines as well as import of LPG and LNG to abridge the demand supply gap. The recent efforts of importing LNG under third party access regime have been delayed for a number of reasons including circular debt and need for sovereign guarantee for which efforts are underway to remove the difficulties faced in furthering the process.
