Gas

Derefaka Fronts Gas for Africa’s Rapid Economic Development

Dr. Justice Derefaka

The paradox of 600 trillion cubic feet of gas reserves existing in the same continent where 600 million people lack access to energy lays agenda for governments and players in the African petroleum industry to work together and rapidly translate the continents abundant resources to energy security.

Eminent gas policy strategist and government’s petroleum industry investment manager, Dr Justice Derefaka, declared at the weekend that African petroleum industry players have the responsibility to spur rapid social and economic development by providing both electric and fuel energy  for business and homes in the continent.

Dr Derefaka who has functioned in several and different policy formulation and programme implementation roles at the Ministry of Petroleum Resources and the Presidency is currently the Group Asset Manager at the Nigerian Upstream Investment Management Services of the Nigerian National Petroleum Company (NNPC) Limited.

In making case for mass adoption of gas in the prevailing energy transition window, Dr Derefaka pointed to the robust social, economic, environmental and health imperatives that position gas at the fuel of choice for the continent,

He noted that gas remains the most reliable, available and affordable industrial fuel for manufacturing and agriculture. He stated that coordinated investments in infrastructural development that would link gas from production sites to demand hubs have become critical and urgent to plug yawing supply gaps in the country and the continent.

He noted that the model of the Nigerian cooking gas penetration programme would displace firewood and free the women to contribute more meaningfully in social and economic development of African countries.

“*The vision for tomorrow begins now!”* he told the audience.

Source: Oracle News

 

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